Academy Award-winning director and screenwriter/producer/editor/cinematographer extraordinaire Steven Soderbergh has launched an auction on his own website including his own personal Hollywood memorabilia, with proceeds going to charity. [Read more…]
eBay Shill Bidder Ordered By Judge To Pay £5,000
As reported back in April (see New eBay Legal Development in the UK – Seller to be Fined up to £50,000 for Shill Bidding), an eBay seller in the UK, Paul Barrett, plead guilty to shill bidding his own auctions. Yesterday, the judge in the case ordered Barrett to pay £5,000 in fines and court costs and to do 250 hours of community service. [Read more…]
New eBay Legal Development in the UK – Seller to be Fined up to £50,000 for Shill Bidding
The latest in a series of interesting legal developments related to eBay in the past few years, breaking news today is the case of an eBay seller in the UK who faces up to £50,000 in fines for shill bidding his own auctions. The Daily Mail reports this is the first case in which someone is being fined for such activities. [Read more…]
Auction House Buying Considerations, Part II: Chandelier Bid (“Sham Bidding”) Legislation
Rick Spector of Stairway to the Stars forwarded a link to an interesting article, given the discussion initiated in Part I of this series.
This is an interesting development in how it relates to certain auction house policies (see Odyssey Auctions Terms and Conditions in prior article). [Read more…]