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#13
10-13-2013, 12:37 PM
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How do we know that this is not going on today?? We see it on ebay with bidders that have numerous bid retractions, and i am sure it is happening in other auctions as well.
Guess the big question is how do we assure that the consumer/bidder is protected in these auctions?? Should there be an independent council that monitors the big auctions? Should the duration of bidding be shortened to 2-3 days max not 5 weeks? Looking forward to other suggestions?? Maybe some auction houses can even suggest how do we make sure that our bids are not being shilled.
__________________
Ruben 
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