Quote:
Originally Posted by Eric72
Let's say that I am the highest bidder on an item. Then, someone comes along, outbids me, wins the auction, and subsequently "cancels" within that one hour time period.
Would my obligation to purchase the item be considered void when I am outbid -or - would I be required to purchase it, since I was the highest "real" bidder?
Furthermore, if I was required to purchase the item, which price would I be invoiced for...the one in place before I was outbid or my max?
If required to purchase at max bid, shill bidding will run even more rampant than before.  |
From what I am reading, eBay's stance is that the seller should just re-list the item. If they aren't going to make the
winning bidder pay, they certainly aren't going to make the underbidder do so.
Maybe there will be some provision for a second-chance offer to be made to the underbidder, but we all know how well those are usually received.