I have seen in the terms of other on-line auctions, this exact scenario called out as the tie goes to on-site bidders.
I have also seen fine print that says the auction house has the right to bid against a participant, not necessarily in conjunction with a reserve.
These were not G&D and have not studied thier terms enough to know.
I just post to make folks aware of current practices that are legal with Full Disclosure.
Will
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