Assertion: auction's bid | /r/HasProperty | confidential
Facets:
value: until the close of bidding
type: TEMPORAL
value: from the auctioneer
type: OTHER
value: from other bidders
type: OTHER
Source sentences:
text: All bids are kept confidential from the auctioneer and other bidders.
text: Sniping eliminates this possibility and effectively converts the auction to a Vickrey auction, the same as a proxy bidding auction except that all bids are kept secret until the close of bidding.
text: A reverse auction is similar to a unique bid auction because the basic principle remains the same; however, a unique bid auction follows the traditional auction format more closely as each bid is kept confidential and one clear winner is defined after the auction finishes.