Shill Bidding
Shill bidding is undisclosed vendor bidding that is used to artificially inflate the price of a certain item. It is usually carried out with "shill" account(s), by either the seller under an alternate account or another person in collusion with the seller. Shill bidding is nominally prohibited by eBay. However, eBay has been criticized for not doing enough to combat the problem. Indeed, it can now be demonstrated that eBay actively facilitates such allegedly criminal activity.
Read more about this topic: Criticism Of E Bay, Fraud
Famous quotes containing the word bidding:
“A simple and independent mind does not toil at the bidding of any prince.”
—Henry David Thoreau (1817–1862)
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