42244

econsultancy_xml

The RMT (real money trade) market is estimated to be worth between $250m (£127m) and $880m (£447m) a year, though such sales are often prohibited by the game's rules. With the value of the market, it is likely that the trade in virtual items will continue outside eBay, with <a href="http://news.com.com/eBay+bans+auctions+of+virtual+goods/2100-1043_3-6154372.html?tag=st.prev">CNET suggesting that sites like ige.com</a> will be the main beneficiaries of eBay's decision. Some publishers of these online games have [revious;y requested eBay to remove virtual goods before, and it seems that concerns about legal issues surrounding these goods have forced eBay to act. Further Reading: <a href="/blog/756-strong-christmas-performance-from-ebay">Strong Christmas performance from eBay</a> <a href="/blog/700-stubhub-sold-to-ebay-for-310-million">StubHub sold to eBay for $310 million</a>

<FormattedContent xmlns="http://www.e-consultancy.com/schema/formattedContent/"> <Paragraph>The RMT (real money trade) market is estimated to be worth between $250m (£127m) and $880m (£447m) a year, though such sales are often prohibited by the game's rules. </Paragraph> <Paragraph>With the value of the market, it is likely that the trade in virtual items will continue outside eBay, with <Link URL="http://news.com.com/eBay+bans+auctions+of+virtual+goods/2100-1043_3-6154372.html?tag=st.prev" Window="New">CNET suggesting that sites like ige.com</Link> will be the main beneficiaries of eBay's decision. </Paragraph> <Paragraph>Some publishers of these online games have [revious;y requested eBay to remove virtual goods before, and it seems that concerns about legal issues surrounding these goods have forced eBay to act. </Paragraph> <Paragraph> <Emphasis>Further Reading:</Emphasis> <LineBreak /> <Link URL="/blog/756-strong-christmas-performance-from-ebay" Window="New">Strong Christmas performance from eBay</Link> <LineBreak /><Link URL="/blog/700-stubhub-sold-to-ebay-for-310-million" Window="New">StubHub sold to eBay for $310 million</Link></Paragraph> </FormattedContent>

2007-02-05T12:34:00+00:00

econsultancy_xml

Auction giant eBay has prevented the sale of virtual goods for online games such as <a href="http://everquest.station.sony.com/"> EverQuest </a> and <a href="http://www.worldofwarcraft.com/"> World of Warcraft </a> on its site. All listings related to these virtual goods, which include currency, characters, weapons, and online game accounts are being removed by <a href="http://www.ebay.com/">eBay</a> due to legal concerns.

<FormattedContent xmlns="http://www.e-consultancy.com/schema/formattedContent/"> <Paragraph> <Emphasis>Auction giant eBay has prevented the sale of virtual goods for online games such as </Emphasis> <Link URL="http://everquest.station.sony.com/" Window="New"> <Emphasis>EverQuest</Emphasis> </Link> <Emphasis> and </Emphasis> <Link URL="http://www.worldofwarcraft.com/" Window="New"> <Emphasis>World of Warcraft</Emphasis> </Link> <Emphasis>on its site.</Emphasis> </Paragraph> <Paragraph>All listings related to these virtual goods, which include currency, characters, weapons, and online game accounts are being removed by <Link URL="http://www.ebay.com/" Window="New">eBay</Link> due to legal concerns. </Paragraph> </FormattedContent>

false 795

Related Econsultancy reports include our <a href="http://econsultancy.com/reports/e-commerce-platforms-buyer-s-guide-2009">E-commerce Platforms Buyer's Guide</a>, <a href="http://econsultancy.com/reports/delivering-successful-e-commerce-projects">Delivering Successful E-commerce Projects</a> and <a href="http://econsultancy.com/reports/online-retail-2007-checkout-special">Online Retail Checkout Special</a>. See also the <a href="http://econsultancy.com/reports/e-commerce-statistics">E-commerce Statistics Compendium</a>.

362611

Sales of virtual goods stopped by eBay false

2007-02-05T17:48:00+00:00

sales-of-virtual-goods-stopped-by-ebay

2009-04-28T22:42:41+01:00

2009-10-13T08:51:59+01:00

175