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Oct 03, 2007 -- eBay cracking down on the sale of dangerous recalled toys

For years Clark has taken issue with eBay because it's enabled counterfeiters by creating an unmonitored marketplace where they can peddle their bogus goods. Now he's saluting the company because of its coordinated effort to crack down on people selling recalled toys that have lead paint. Clark's executive producer Christa -- a frequent eBay seller and buyer -- usually takes a very libertarian view of things. But in this case she too salutes the company's efforts since the products in question have already been recalled by the government. Meanwhile, Clark has a market-based solution to the counterfeiting problem. He believes eBay should have bonded sellers. People would pay for a bond and the company would reimburse buyers if they were sold bogus goods. Sellers would then be able to command higher dollars for their legitimate goods under Clark's plan.

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