A pair of tickets for the free gig on 6 July was being offered for £250 before the listing was taken down by eBay.
The site banned Live 8 ticket sales earlier this month after event organiser Bob Geldof branded the practice "sick profiteering".
MTV and VH1 will broadcast eight hours of the Live 8 concerts live on US TV in a new deal with America Online.
Exclusive rights
The internet services provider, which has exclusive rights to broadcast the event on the internet, licensed it to North American TV and radio stations.
Premier Radio Networks and XM Satellite Radio Holdings also obtained licences to broadcast the 2 July concerts.
On Thursday internet auction site eBay said Live 8 ticket bids were being removed as soon as they were noticed onsite, a policy it applied to all Live 8 gigs.
"We believe people do have the right to buy and sell items as they choose," an eBay spokesman said. "We made an exception to our policy on the occasion of this unique, charitable concert."
The company has also asked members of the public not to sell any Live 8 tickets on the site.
Impact questioned
A UK poll conducted by Sky News has shown most Britons do not believe the event will solve poverty in Africa.
Only 16% of the 2,021 quizzed thought the simultaneous concerts in London, Paris, Philadelphia, Berlin and Rome would make a difference.
They thought that African governments and foreign investment would have the greatest impact on easing poverty on the continent.
Only 6% thought that protests called for by event organiser Bob Geldof near the venue for the G8 summit meeting would help raise awareness of African issues.
America Online will screen the five main concerts on the internet and make them available for download for six weeks after the event.
Ten global Live 8 concerts are taking place in cities including London, Philadelphia and Johannesburg in a bid to highlight world poverty, ahead of the G8 summit in Scotland.
Artists confirmed for the concert line-ups include U2, Madonna, Destiny's Child, Bon Jovi and Bryan Adams.