The IT Law Wiki
(New page: '''Shill bidding''' is when fraudulent sellers or their partners, known as “shills,” bid on a sellers’ items on an online auction to drive up the price. [[Category:Inter...)
 
(Adding categories)
 
(3 intermediate revisions by the same user not shown)
Line 1: Line 1:
  +
== Definition ==
'''Shill bidding''' is when fraudulent [[seller]]s or their partners, known as “shills,” bid on a [[seller]]s’ items on an [[online auction]] to drive up the price.
 
   
  +
'''Shill bidding''' is
  +
  +
{{Quote|when a seller has someone associated with the seller places a bid that would artificially increase the price or interest in the item.<ref>Crawford v. Consumer Depot, Inc., Case No. 05C-3242, Memorandum and Order (Tenn. App. Ct. Dec. 8, 2009).</ref>}}
  +
  +
== References ==
  +
<references />
 
[[Category:Internet]]
 
[[Category:Internet]]
 
[[Category:E-commerce]]
 
[[Category:E-commerce]]
  +
[[Category:Fraud]]
  +
[[Category:Definition]]

Latest revision as of 21:55, 14 November 2010

Definition[]

Shill bidding is

when a seller has someone associated with the seller places a bid that would artificially increase the price or interest in the item.[1]

References[]

  1. Crawford v. Consumer Depot, Inc., Case No. 05C-3242, Memorandum and Order (Tenn. App. Ct. Dec. 8, 2009).