http://arstechnica.com/gaming/2012/06/real-money-auctions-launch-in-diablo-iii/
Why Diablo 3's Real Money Auction House Should Not Be Your Summer Job
"For years, illegal black market sellers have been hawking virtual gear for real life money to great success. There was little point attempting to combat such practices, as little or nothing could be done to stop them, so Blizzard had an alternative idea they wanted to try with Diablo 3. A legal auction house using real world cash, where they got a piece of the action.
"There’s been an in-game gold
Auction House in operation since the launch of Diablo 3, but yesterday marked
the first time the Real Money Auction House went live, after a few weeks of
delays."
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