Hi all, I've been an eBay member for over 5 or 6 years now but have only really started buying on eBay the past year or so. I'm contemplating joining an auction for a high priced handbag. Right now the price is around $3,000 for something that retails for around $7,000 plus tax. I've been in other auctions before where the price was moving along in a reasonable manner and all of a sudden it jumps 20-30% or so.
If the seller is unscrupulous, can they have another account or a friend deliberately bid it up? Just wondering if this can be a common practice and if there are signs of it I can look for? Also, does eBay police this kind of thing? Wait, I can probably answer that myself, No!
TIA