on 05-11-2017 12:51 PM
Hello All Members
Someone explain to me the event of a normal Auction where the final call or gavel determines
the winner on an item for sale whether public or private,
And Ebay's allowance:
Timing Number of bids Can the listing be ended early? Fee for ending a listing early
12 or more hours left in the listing No bids Yes No
1 or more bids and you want to sell to the high bidder Yes No
of the auctioneer to end an auction at any time to the "high bidder".
This confuses buyers and can lead to
deceptive practices and collusion in markets (AntiTrust Laws).