eBay vrs42?

[Vintage Computer Festival]

On Sun, 13 Feb 2005, vrs wrote:

> If you and your friend decide to split the lot and keep your bid at the same
> level, that would be problematic and smells of attempted price fixing to me.
> Of course, you an your friend might still get the lower price on eBay, if no
> other bidders show up.  But at least you gave the seller a chance at "fair"
> value for his stuff.  (which in this case amounts to a chance for what you
> would have really been willing to pay.)

Ok, what if I decide to buy a lot and I happen to get a low price, then I
sell it off piece by piece to other people and make more than what I paid?

Does your answer change if this is pre-arranged between friends?

Does it change if everyone splits the cost of the lot?

> What I have been objecting to is the possibility of buyers forming teams to
> low-ball the bids, which I think is damaging to the supply chain (hence
> foolish and unethical).

There's nothing illegal or unethical about this.  It happens in the real
world all the time.

-- 

Sellam Ismail                                        Vintage Computer Festival
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International Man of Intrigue and Danger                http://www.vintage.org

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