This is also known as Vickrey Auction. A shill bidder is a bidder at an auction like yours with one exception. This person has no intention of buying anything. His sole purpose is to drive the bidding as high as he can without having the final bid. Shill work for the auctioneers who receive a commission on the total dollar amount that is sold.
Shills are illegal.
If you see someone who bids a lot but never buys anything, watch out, he may be a shill. Stay away from this auction. System Integrator A system integrator is a Silanta Technologies partner that customizes Silanta Technologies functions and features to meet specific, customer requirements. This includes additional Web site functionality and designing and creating interfaces between the Silanta Technologies solutions and existing business systems, such as an order fulfillment application. Trading Exchange A set of transactions with many buyers and sellers that most often involves more criteria than just a price, quantity and time, such as shipping terms or condition of goods.