Quote:
Originally Posted by calvindog
The bigger issue is when the auction house knows the ceiling bids of the leading bidder on lots and bids up the price until the rung below the high bid. That's one of the reasons why Bill Mastro and Doug Allen went to jail.
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Yes, that's 'straight to jail do not pass go' behaviour
Quote:
Originally Posted by Aquarian Sports Cards
I understand the sentiment, but nobody is stopping you from treating every auction that way now, so I'm not sure what the point would be in changing the law.
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I do assume every auction platform is shilling or looking the other way. Not saying the 'law' should be changed but suggesting it should be industry standard to allow shilling in terms and conditions.