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Old 02-09-2013, 12:20 PM
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Quote:
Originally Posted by frankbmd View Post
I know that we (Net54) do not have the market cornered.

I also know that shilling is illegal,

but I don't believe that there is any law to compel us to bid on an item we want,

so would conspiring not to bid violate any laws?

Just wonderin'.
I think the answer is usually yes it's illegal but, in our hobby, it is almost never enforced...from wiki.....


"Collusion is an agreement between two or more parties, sometimes illegal and therefore secretive, to limit open competition by deceiving, misleading, or defrauding others of their legal rights, or to obtain an objective forbidden by law typically by defrauding or gaining an unfair advantage.[citation needed] It is an agreement among firms or individuals to divide a market, set prices, limit production or limit opportunities.[1] It can involve "wage fixing, kickbacks, or misrepresenting the independence of the relationship between the colluding parties".[2] In legal terms, all acts affected by collusion are considered void.[3]"



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