I'm still fairly new to Eprey (I call it that because it sometimes looks sharky)
What I find suspicious is test equipment resellers bidding on test equipment off of other test equipment resellers???
On
"Shill Bidding is bidding that artificially increases an item?s price or apparent desirability. Shill Bidding is prohibited on eBay."
What if this happens..
Let's say 4 test equipment resellers from different areas get together and agree on the values of their items.
Then they bid on each others items. Let's say somebody 'outside the team' wins the bid.
Winning bit price - team agreed item value = profit
Profit/4 is paid to each member.
Example:
One team member has an item that can be sold for $1000.00 for good profit. All team members agree the price tag is $1000.00
Start bid: $100.00 Reseller 1: $200 Reseller 2: $300 Reseller 3: $800.00 Reseller 4: $1400.00 Reseller 2: $1600.00 Joe Smuck: $2000.00..winning bid
Item is sold and shipped. The reseller that sold the item them gives $250.00 to each team member. The more the resellers push the price up...the more money they make between them.
Question: Are there holes in my theory? Can something like this happen?
If so.. I have more reason to call it Eprey. D from BC