Definition[]
Bid shielding occurs when fraudulent buyers on an online auction submit very high bids to discourage other bidders from competing for the same item, then retract their bids so that people they know can get the item at a lower price.
Bid shielding occurs when fraudulent buyers on an online auction submit very high bids to discourage other bidders from competing for the same item, then retract their bids so that people they know can get the item at a lower price.