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Ebay Business Model

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If you Google eBay business model, you will find all you want to know about starting you own auction site if you choose. Remember the corporate history of eBay. It was started by computer guys as a social experiment to see if buying and selling would become more efficient with a market which had more "transparency." By definition eBay is an efficient market.

For a thorough understanding of this market, you need to understand how the Over-the -counter market (OTC/NASD) and its clearing corp. work since eBay is so similar.

The Sherman Anti Trust Act will answer most of the monopolisti cquestions, while the definitions of a monopoly and an oligopoly will answer the question of size and control of any particular industry.

Good luck to those who step into the shark invested waters of starting a new market.If you choose I will put you in contact with a brilliant man (next week since he is flyfishing this week) who is trying to start a "third market" "(OTC) trading of listed commodity futures." I would also suggest that you go back to the early 70s and become familiar with a bill before the Congress. It was Bill HR5050 (if memory serves) dealing with "third market" regs for "OTC trading of listed securities."

All of the markets NYSE, AMEX, CBT,Chi Merc, CBOE, OTC, Paris Bourse, etc. are based on the premise that equilibrium can be found by bringing all the buyers and sellers together in a compressed time and space. And yes I have been on the floor of all of these exchanges and executed trades on two of them. SNO

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If you're not interested, why bother?

If you are, Googling two things (eBay business model and Sherman Anti-Trust Act) won't bust a gut.

Well, maybe mine. I break into a cold sweat at the idea of balancing my checkbook. Obviously I don't sell on eBay, or anywhere else. I just buy marbles.

Steve, I know you traded at the Paris Bourse -- I'm assuming the other was the Chicago Board of Trade?

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  • 3 weeks later...

Most collectors are willing to accept more damage on the old handmade marbles than on the newer machine-made marbles. That's probably only because it's so hard to find any perfectly mint handmades (contemporaries aside). It's just supply and demand. As long as there's mint ones out there, that's going to be what collectors (the ones with the $) are after.

Oops...I put this in the wrong thread.

Edited by m!b$
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