Question: What Does Shill Bidding Mean?

Where is shill bidding illegal?

Shill bidding could also be prosecuted under the Fraud Act in England, Wales and Northern Ireland, which includes an offence of dishonestly making a false representation with the intent to make a gain or to cause loss to another.

The maximum penalty under that law is 10 years in prison and an unlimited fine..

What is shill bidding on eBay?

Shill bidding is when a seller uses a separate account, be it one of their own, a friend or a family members or they ask someone to bid on their auction to artificially raise the price of the auction. In this case the bids were placed and then retracted once they had reached my maximum bid level.

Are shillings illegal?

Shilling is illegal in many circumstances and in many jurisdictions because of the potential for fraud and damage; however, if a shill does not place uninformed parties at a risk of loss, but merely generates “buzz”, the shill’s actions may be legal.

What happens if you bid on your own eBay item?

Bidding on your own auctions or buying and selling to yourself or your own family or company in any way is strictly forbidden on eBay and if you attempt to do this, you will get caught.

Can the seller on eBay see my maximum bid?

No, eBay doesn’t disclose a bidder’s max bid to the seller or anyone else other than the bidder who placed it.

Why do I get outbid on eBay at the last second?

Sounds like YOU bid at the “last second” and got outbid by an earlier higher bid. … Any lower subsequent bid is automatically outbid by that higher bid immediately upon being placed.

Can you outbid yourself on eBay?

Answers (1) No, you cannot bid against yourself, even if you wanted to.

How do I report a shill bid on eBay?

You can report the listing if you want and leave it to eBay. You can use the blue Report Item link in the listing: Listing Practices > Fraudulent listing activities > Seller is using other accounts to inflate item price. If eBay investigates and decides there’s nothing wrong, nothing bad will happen to anyone.

What is shill bidding?

Shill bidding is a practice whereby the seller or seller’s agent bids up lots, possibly so that they reach an unnamed reserve, or just to encourage ever-higher bids. Shill bidding is not allowed on eBay.

Is shill bidding on eBay illegal?

We want to maintain a fair marketplace for all our users, and as such, shill bidding is prohibited on eBay.

Can I see who’s bidding on my item?

Anyone can see “the bids” by going to the Bid History Page (click on the # of bids on the main Listing Page for the auction). … The seller cannot see anything more about the amount of the bids than everyone else can in the Bid History.

What is bid shielding?

An illegitimate way to preserve a low bid in an online auction. It takes three people. The first places a low bid and the other two immediately bid high and keep bidding higher, which is intended to eliminate all other interested parties.

Is shill bidding illegal in California?

Auction.com doesn’t consider this a shill bid, but it’s such a hot-button issue in California that the state recently passed a law requiring property auctioneers to disclose bids they make on a seller’s behalf starting July 1, 2015. … “Shill bidding is illegal,” he told The Post.

Are you allowed to bid on your own item?

No, you can’t bid on your own items and neither should any family members or friends. You can easily be caught out and banned permanently. As for those “last second bidders”, it’s called a snipe bidding service. Some buyers choose to lodge their bids in the last few seconds.