From "Rolling Stone" magazine:
Live 8 organizer Bob Geldof has lashed out at the Internet auction site eBay -- calling it an "electronic pimp" -- after pairs of tickets for the upcoming London event have been listed for as much as 10 million pounds ($18 million).
"I am sick with this, what eBay are doing is profiteering on the backs of the impoverished," reads a statement from Geldof on his Web site. "The people who are selling [tickets] are wretches. But far worse is the corporate culture which capitalizes on people's misery."
eBay responded to Geldof's criticism with a statement of their own: "The reselling of charity concert tickets is not illegal under English law, and eBay believes it is a fundamental right for someone to be able to sell something that is theirs whether they paid for it or won it in a competition."
Live 8 organizer Bob Geldof has lashed out at the Internet auction site eBay -- calling it an "electronic pimp" -- after pairs of tickets for the upcoming London event have been listed for as much as 10 million pounds ($18 million).
"I am sick with this, what eBay are doing is profiteering on the backs of the impoverished," reads a statement from Geldof on his Web site. "The people who are selling [tickets] are wretches. But far worse is the corporate culture which capitalizes on people's misery."
eBay responded to Geldof's criticism with a statement of their own: "The reselling of charity concert tickets is not illegal under English law, and eBay believes it is a fundamental right for someone to be able to sell something that is theirs whether they paid for it or won it in a competition."