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Old 06-25-2016, 03:02 PM
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Peter_Spaeth Peter_Spaeth is offline
Peter Spaeth
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Quote:
Originally Posted by glchen View Post
There is no comparison at all between market pushing and what happened with the shillers at Mastro. The consignors and bidders in the Mastro lots knew each other. Nothing arms length about that at all. Do not try to justify what those named on the Mastro list did with market pushing. It makes what happened at Mastro worse.
Of course there is a comparison, although there are differences too and it's a matter of opinion for each person to judge whether you think the similarities outweigh the differences. But don't pretend there is no comparison: In both cases, people are placing bids with the intent and hope of not winning the item but causing someone else to pay more, in order to realize a personal benefit. And in both cases, people take the risk of having to pay if they are unsuccessful. And in both cases, the price realized is higher than it would have been if only people trying to win at the lowest price were bidding.

Last edited by Peter_Spaeth; 06-25-2016 at 03:03 PM.
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