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<p>[QUOTE="maridvnvm, post: 3709985, member: 31620"]In the UK, if you bid in an auction where you are the seller then that is illegal. People have been prosecuted under the "Consumer Protection from Unfair Trading Regulations 2008" and it was noted that they could also have been prosecuted under the "Fraud Act 2006".</p><p><br /></p><p>Similarly if people agree to bid on each other’s items the parties could be prosecuted for the offence of conspiracy to defraud, which makes it a criminal offence for parties to agree to defraud another party.</p><p><br /></p><p>These practices are both described as "shill bidding".</p><p><br /></p><p>The only exception is under the Sale of Goods Act 1979, which allows the seller or their representative (the auctioneer for example) to bid the item up to a pre-set reserve. If no reserve is set then this practice is not permissible.[/QUOTE]</p><p><br /></p>
[QUOTE="maridvnvm, post: 3709985, member: 31620"]In the UK, if you bid in an auction where you are the seller then that is illegal. People have been prosecuted under the "Consumer Protection from Unfair Trading Regulations 2008" and it was noted that they could also have been prosecuted under the "Fraud Act 2006". Similarly if people agree to bid on each other’s items the parties could be prosecuted for the offence of conspiracy to defraud, which makes it a criminal offence for parties to agree to defraud another party. These practices are both described as "shill bidding". The only exception is under the Sale of Goods Act 1979, which allows the seller or their representative (the auctioneer for example) to bid the item up to a pre-set reserve. If no reserve is set then this practice is not permissible.[/QUOTE]
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