Subject:
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Re: Bid retractions (was Re: eBay dead again)
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Newsgroups:
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lugnet.market.theory
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Date:
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Thu, 23 Mar 2000 19:12:51 GMT
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Viewed:
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2069 times
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In lugnet.market.theory, Frank Filz writes:
> >
> > Winner. If the winner retracts his bid. After the auction is closed.
> > There isn't a winner until the auction is closed.
>
> I think Ben was talking about an auction which hadn't ended.
>
> If the auction has ended, the runner up bidders have no obligation, but
> the seller is permitted to offer the rejected item to them.
>
> Frank Filz
Okay, I was wondering when and why the subject got changed to closed auctions,
since bid retractions can have no effect on them. Thanks Frank.
-Adam
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