BIDDING UP

By SovConn | November 22, 2014

bidding up.The act or practice of raising the price for an auction item by making a series of progressively higher bids. • Bidding up is unlawful if the bids are made collusively by persons with an interest in raising the bids. Cf. BY-BIDDING; SHILLING(1). [Cases: Auctions and Auctioneers  7.C.J.S. Auctions and Auctioneers §§ 2, 8–17.][Blacks Law 8th]

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