Tradeloop's Member Blog And News: Ethically Speaking - October 2009

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Wednesday, October 7, 2009

Ethically Speaking - October 2009

During September, non-Tradeloop member,, was banned from the Tradeloop trading community (Case #5042). The complainant charged that Nautilusnet agreed to purchase equipment but then reneged on the deal. The Ethics Committee couldn't examine the facts of the case because Nautilusnet failed to respond to the complaint.

Participation in the Ethics process is a requirement for all Tradeloop members. Companies that fail to respond to an Ethics complaints can and will be banned from the community.

One pending Ethics complaint was closed with no action taken because the complainant failed to provide enough information to go forward with the complaint.

The Ethics Committee is currently reviewing and voting on a dispute between two Tradeloop members over a shipment of laptop computers. Two new complaints were filed during September. Both cases involve payment disputes with Tradeloop members filing complaints against non-members.

In fact, the majority of Ethics complaints at Tradeloop are filed by Tradeloop members against non-members. We encourage you to contact your fellow Tradeloop members first when buying and selling. We constantly update our member verification and fraud prevention techniques because making Tradeloop a safe place to do business is a top priority.

Learn more about the Tradeloop Ethics process and pending complaints at our Ethics blog.

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