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So for the Auction House this is a great platform. They can see their clients Highest Bid and have Uncle Joe bid until they've maxed their clients bid. Or bid just over the a clients bid to squeeze their clients for more money.
For the clients not so good because there is nothing blind about it. Every bid the clients make can be watched and the Auction House can if they choose, max their clients bid. Something about this is unethical.
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