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Posted By: peter chao

We're basically "splitting hairs." I agree with you that there is deception here.

The problem is there is a very small group of people that are being effected. Now if there was a large group of people effected, I would think there's a potential class action (shameless plug, drop me an e-mail).

The only people that would have a chance of winning in this type of situation would be an individual who was the lone bidder for a particular item and made his bid because of the auction house's use of book bidding.

Peter

Edited to add that the bidder would also have to be the winning bid.