Gems TV was a short-lived German teleshopping channel based in Grünwald near Munich, which broadcast 20 hours daily via Astra 19.2°E from 1 October 2012 to 18 December 2012.
The operator was GemsTV Germany GmbH, which sold on the same principle as Gems TV in the UK.
[1][2] On 18 December 2012, Gems TV discontinued its operation due to non-achieved sales targets.
The principle resembles a descending auction with falling prices.
For legal reasons, however, the correct name is "purchase against bid" (Kauf gegen Gebot), as with all teleshopping stations, since auctions are not permitted on German television.