If someone retracts a bid early in the auction and then corrects his bid and resubmits it I have no problem with that. But if someone retracts a bid and then does not bid again, I will block them.
If there are multiple retractions by the same bidder, then I will go the next step and call eBay. Last week, I had a situation where a bidder retracted 6 bids on 6 different items and did not place another bid. This brought down the price of each one of the items. I called eBay to complain about the bidder.
Here is what they told me. First thing to do is block the bidder. In cases where the bidder retracted their bid in the final hours or if they retracted multiple bids, I should call eBay like I did. I was told that even if I didn't call, eBay keeps track of all retractions. If a bidder has multiple retractions, then eBay would restrict their bidding. So, by reading a previous post I see there was a bidder who had 216 retractions. But don't worry, eBay is restricting their bidding. Yeah right.
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