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Posted By: CoreyRS.hanus

Bob,

Question -- Can an aggrieved auction house or seller bring a civil action?

I agree with you from the governmental perspective nobody is going to bring an action. However, what about private actions? If in fact there is no legal basis to bring such an action, then group members would have little to fear by publicly bragging how they suppressed competitive bidding and "stole" lots for below their market value. Would you as an attorney advise your client that he has no practical legal risk from bragging, or, more usefully, openly soliciting his group as a great profit-making opportunity?