Quote:
Originally Posted by Sean
He has retracted 42 bids in the last 6 months. How is this allowed?
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I don't know. Seems to me, all bids are good bids according to Ebay.
Does anybody think it's a coincidence that about the same time Ebay made bidding accounts largely anonymous, they also lifted restrictions on bid retractions?
When a bidder has that many retractions it means one of two things. They are shilling auctions or they are tampering with auctions. Not good for buyers or sellers in the overall scheme of things.
I don't mind making bidders names anonymous, because many bidders prefer to stay anonymous if possible...........that generally holds for any type of auction.
However, to make the habitual act of retracting bids an accepted part of the auction process, strikes me as Ebay putting their head in the sand as a way of defending themselves by telling people "we didn't know these types of practices were going on." It's their way of not having to deal with the problem.
Sure, they have rules against "shilling" and "tampering with auctions", but they rarely ever acknowledge it, except in very extreme and blatant circumstances.