
01-30-2016, 05:11 AM
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Dave_Berg
Member
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Join Date: Jun 2013
Location: Florida
Posts: 1,641
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Quote:
Originally Posted by scooter729
Curious as to what people would think of this hypothetical situation, if it were possible for it to happen....
Two friends (A and B) both are interested in an item that doesn't pop up often, but typically would sell for around $500. But since it doesn't come up for sale often, both are willing to pay $1,000+.
In talking, they both realize they are likely going to bid each other up on the item, so they come to an agreement to have Friend B stay away from bidding on this item and let A get it for ~$500, and B will be able to get the next one that comes available for ~$500.
Is this scenario wrong? Seems like the buyer's version of shilling - wouldn't be illegal but is it ethical?
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I have no problem with this. There was no price manipulation and the item sold for what it typically would bring. There's nothing unethical about not bidding.
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