mangus580
New member
- 6,010
- 282
- 0
- Location
- Western NY
If one more person starts a thread on the 'power steering kits' and discusses group buys/bid collusion.... THEY WILL BE BANNED FOR A WEEK
UNDERSTOOD?
UNDERSTOOD?
-
Steel Soldiers now has a few new forums, read more about it at: New Munitions Forums!
Bid Collusion, Group Buys, etc
- Thread starter mangus580
- Start date
dm22630
New member
- 1,424
- 42
- 0
- Location
- Front Royal, VA 22630
maybe this should be "sticked" to the top for a day or two since no one is commenting....
scooter01922
Well-known member
- 1,721
- 42
- 48
- Location
- Newbury, MA
WOW, guess i missed something today.....
docfarmall
New member
- 1,947
- 26
- 0
hum did i miss somepink
docfarmall
New member
- 1,947
- 26
- 0
oh i see we cant discuss it here okay thanks
hatteras4164
New member
- 79
- 0
- 0
- Location
- Burgin,Ky
will try and do better next time
- 606
- 8
- 18
- Location
- Lakeland, Florida
YES MASTER!
From here on out I promise that if I have any questions about anything I see for auction on GL I will not ask any questions about it and promise to remain ignorant.
Ruppster
1985 M1009 Blazer
- 2,958
- 28
- 48
- Location
- Tiro, Ohio
LOL... reminds me of being grounded for a week. seemed forever when your a kid. Know it's like heck ya, in my room for a week!
thedeliverator
Member
- 190
- 0
- 16
- Location
- Albuquerque NM
Just to add my 0.02$:
Folks, this is serious business.
I once went to a live auction for some computer equipment. While previewing some lots, I met a friend I hadn't seen in a few years, we talked for a while, and the conversation drifted to the condition of some of the gear that would be for sale. Long story short, the auctioneer overheard a comment, and we both got ejected from the auction with a warning, because he thought we might have been collaborating.
Maximum penalties are $1 million in fines and 10 years in jail. It is not worth it.
Folks, this is serious business.
I once went to a live auction for some computer equipment. While previewing some lots, I met a friend I hadn't seen in a few years, we talked for a while, and the conversation drifted to the condition of some of the gear that would be for sale. Long story short, the auctioneer overheard a comment, and we both got ejected from the auction with a warning, because he thought we might have been collaborating.
Maximum penalties are $1 million in fines and 10 years in jail. It is not worth it.
dabtl
Active member
- 2,053
- 7
- 38
- Location
- Denton, Texas
In 1997, Sam Winer Motors was charged in Federal Court with collusion in bidding on DRMS surplus. http://www.usdoj.gov/atr/cases/f1000/1068.htm
It is serious business.
It is serious business.
- 34,014
- 1,814
- 113
- Location
- GA Mountains
Is it bid collusion if one member offers to buy one piece in a lot if another member wins the lot?
- 4,210
- 36
- 0
- Location
- Las Cruces, NM
- 1,186
- 51
- 48
- Location
- Jarrettsville, MD
I'm no lawyer, but I'll say this: It could be, but I doubt it would be. I think you'd have a hard time proving that. In that case, one person is buying a lot and the others are offering to buy conditionally. "I'll take one if you get them". Someone might argue that they are NOT bidding and, therefore, that might be an attempt to help suppress prices. But, that isn't necessarily the case. Individuals might not be able to afford an entire lot, so they offer to buy one off the winner. The problem is when multiple people start trying to choose lots to bid on.
The problem for SS is that the site does not want ANY implication or involvement in a collusion case. Even providing the medium to arrange "group buys" (forums or PM's) could turn out bad.
- 2,958
- 28
- 48
- Location
- Tiro, Ohio
Wouldn't think so, your not bidding, or even planing to bid. I've had people call and say, you want one of these, I'm buying a lot of them. Sometimes I will, but I don't want the hassle of selling the items myself.
Dennis
Dennis
SR71BLACKBIRD
New member
- 144
- 2
- 0
- Location
- Galion, Ohio
Thanks for the info. I had never heard of collusion? I feel enlightened. So is it ok to do this after you already bought a lot?
gimpyrobb
dumpsterlandingfromorbit!
- 27,785
- 747
- 113
- Location
- Cincy Ohio
Once an auction is over, you cannot control the prices of the auction. Talk all you want.
brianrbull
Member
- 351
- 9
- 18
- Location
- Casnovia Michigan
I dont want to be accused of collusion nor do I condone this type of activity. but I have seen the aforementioned lots and I have a question about the items them selves are these the complete kits to put power steering on a M35a2? I apologize in advance if we are not supposed to talk about upcomming auctions I am new after all....
- 10,350
- 74
- 48
- Location
- Meadows of Dan, Virginia
To put things in perspective, from wikipedia:
"Bid rigging is an agreement between two or more competitors. It is a form of collusion, which is illegal in most countries. It is a form of price fixing and market allocation, and it involves an agreement in which one party of a group of bidders will be designated to win the bid. It is often practised where contracts are determined by a call for bids, for example in the case of government construction contracts."
"Bid rigging is an agreement between two or more competitors. It is a form of collusion, which is illegal in most countries. It is a form of price fixing and market allocation, and it involves an agreement in which one party of a group of bidders will be designated to win the bid. It is often practised where contracts are determined by a call for bids, for example in the case of government construction contracts."
- 3,657
- 27
- 48
- Location
- Dallas, Texas
It appears to be about keeping up appearances.
person A buys a lot at auction and sells 2/3 of the stuff to B and C.
not collusion?
persons ABC discuss it and one of them buys it and they split it up.
collusion?
there was no difference to any party. It's all the appearnces.
too many worms in the spaghetti. Dont' look at the worms, just eat yer spaghetti.
person A buys a lot at auction and sells 2/3 of the stuff to B and C.
not collusion?
persons ABC discuss it and one of them buys it and they split it up.
collusion?
there was no difference to any party. It's all the appearnces.
too many worms in the spaghetti. Dont' look at the worms, just eat yer spaghetti.
wdbtchr
New member
- 883
- 3
- 0
- Location
- St. Louis, MO
I have seen people ejected from live auctions twice just for discussing this very thing. I also saw two guys discussing purchase of items won and already paid for at a live auction and an official warned them to leave the property if they wanted to conduct business. The interesting thing was that they were away from the building the auction was held at near the parking lot. I was just standing, waiting for a friend close by and there was no one else to over hear them talking. The guy that warned them appeared seemingly from nowhere. Big Brother is listening, so be warned, even the appearance is a no no.