Quote:
Originally Posted by drcy
Making shillers pay for what they win is important and preventative. In fact, in a sense that makes them real bidders. Alas, not all auctioneers make them pay.
|
+1 Great comment. If shill bidders had to pay for items they win (plus BP of course) then that would make them actual bidders. So maybe the real problem is frequent non-paying winners, plus people who retract their bids often.
The most insidious shill bidders are the ones within or associated with AHs, who either know what other peoples' max bids are, or who have an arrangement with the AH, like the Mastro case. Because in those cases, the shills aren't running the risk of winning and paying; they are therefore not actual bidders.