Retailers, consumers and prices
Founded in 1999, the website has partnered with 1,600 law enforcement agencies around the country to sell unwanted or unclaimed recovered property.
Although the latest statistics from the U. S. Federal Bureau of Investigation show crime decreasing across the country, property crimes here, in Chicago, apparently rose 4 percent between 2007 and 2008–the latest numbers available. From a wider view, the U.S. Department of Justice’s Bureau of Justice Statistics found that property crimes account for about 75 percent of all personal and property crimes committed in 2006.
Wall Street technology investors spent much of Wednesday at eBay‘s San Jose campus listening to the online giant defend its company, especially its slowing marketplaces unit.
And for anyone doubting the relevance of eBay’s site in today’s crowded e-commerce field, Mark Carges, the chief technology officer of marketplaces, set them straight.