Comments on: When Technology Turns Tradition on its Head http://www.identityresolutiondaily.com/265/when-technology-turns-tradition-on-its-head/ Transforming Data into Real-Time Knowledge for Risk Management, Fraud Prevention and Loss Prevention Thu, 04 Dec 2008 01:54:07 +0000 http://wordpress.org/?v=2.2 By: Steve DelBianco http://www.identityresolutiondaily.com/265/when-technology-turns-tradition-on-its-head/#comment-544 Steve DelBianco Sat, 09 Feb 2008 00:51:45 +0000 http://www.identityresolutiondaily.com/265/when-technology-turns-tradition-on-its-head/#comment-544 Frankly, I am amazed that the CEO of a technology company would see Rep. Borodkin’s bill as anything but what it is – an attempt to stop competition from online auctions. Online marketplaces have operated successfully with this so-called anonymity factor, to the satisfaction of millions of buyers! That’s because market forces are at work – such as buyer and seller ratings and the ability for buyers to read detailed seller evaluations written by other buyers. Add the fact that great deals are done every day in online auctions, and that makes for some powerful competition. No wonder the retailers are afraid! Steve DelBianco NetChoice Frankly, I am amazed that the CEO of a technology company would see Rep. Borodkin’s bill as anything but what it is – an attempt to stop competition from online auctions. Online marketplaces have operated successfully with this so-called anonymity factor, to the satisfaction of millions of buyers! That’s because market forces are at work – such as buyer and seller ratings and the ability for buyers to read detailed seller evaluations written by other buyers. Add the fact that great deals are done every day in online auctions, and that makes for some powerful competition. No wonder the retailers are afraid!

Steve DelBianco
NetChoice

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