Quote:
Originally Posted by Peter_Spaeth
Define a "genuine" market price. In Mastro the government defined it as the price that would have prevailed in the absence of bids made for a purpose other than winning. Not the price one guy was willing to pay. At least that's my understanding.
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This seems like a great point. Its still shilling if your intention is to just drive up a price, even if it is not your specific card.
I'm assuming in the example provided, that the bid increment was $100 at that level so the underbidder knew he had pushed it to a max.
I'm also curious as to how PWCC can disallow bid retractions. Isn't that governed by ebay? Can a seller set up a listing that doesn't allow bid retractions?