At the New Hampshire House Executive Departments and Administration committee hearing, an eBay attorney stated that it’s user agreement with it’s 222 millions registered users is set to change in 2007. eBay will discontinue all reference to eBay as a “auction” website.

eBay claims that with the changes to it’s User Agreement, that it will no longer advertise themselves as an auction or auction company and will discontinue the use of the word “auction” from their online and paper advertising.

eBay will require that anyone accepting consignments for auction who holds themselves out to be an auctioneer, who participates in auctioneering or who advertises that they sell at auction for a fee must comply with relevant state statutes, especially licensing.”

MY PO: From my viewpoint looks like eBay’s days may possibly be numbered.