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BID UNDER ASKING PRICE

 
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warrenolds
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PostPosted: Mon Feb 17, 2020 12:11 am    Post subject: BID UNDER ASKING PRICE Reply with quote

I have a similar fail:

274258071402
Time to Bid: ENDED
Bid: 353.26
Current: 330.00 USD (9 bids)
Status: BID UNDER ASKING PRICE

The 'Why did I lose this auction?' links to an Ebay page explaining the bidding process however I can't see how this applies as the difference in Bid and close prices is considerably more than bid increments. Unless I'm missing something?
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warrenolds
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PostPosted: Mon Feb 17, 2020 12:29 am    Post subject: bid history Reply with quote

Following up - the bid history is curious reading for my auction identified above. Two large bids were placed an hour or so before the auction closed. These were then retracted 2 seconds before the auction finished.
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Cupid



Joined: 09 Aug 2007
Posts: 7969
Location: Bristol, UK

PostPosted: Mon Feb 17, 2020 4:31 am    Post subject: Reply with quote

This is known as Bid Shielding and is against Ebay rules.

If it were me that had lost out because of this I would report it to Ebay for them to investigate and possibly take action against the buyer.
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