Thread: Auction House Conflict of Interest
View Single Post
  #56  
Old 09-09-2007, 06:20 AM
Archive Archive is offline
Administrator
 
Join Date: Mar 2009
Posts: 58,359
Default Auction House Conflict of Interest
Posted By: Jeff Lichtman

Barry, you're suggesting that bidders and auction houses are on the same footing in auctions; it's simply not true. Somehow I suspect the auction houses more than make up for the occasional "collusion" that goes on. Do you think the ratio of shill bidding + false authentication + undisclosed conflicts of interest v. "collusion" is about 100 to 1? More?

Reply With Quote