In 1995, computer programmer Pierre Omidyar founded AuctionWeb in San Jose, California. One of its first sales was a broken laser pointer. However, what began humbly as a hobby for Omidyar grew rapidly. In 1997, Omidyar changed the site’s name to eBay—a contraction of Echo Bay Technology Group—and it has since become the premier online auction site, with millions of items listed, bought, and sold daily. Essentially unregulated at first, eBay now prohibits the sale of what items on its site? More… Discuss

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