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Why are bids disqualified?

bids disqualified
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Why are bids disqualified?

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Identical bids disqualify one another. For example: let’s say you make a bid of $95.99 and went into first place – as soon as another participant also bids $95.99, both your and his/ her bids are disqualified because they are identical. Therefore the bids participating in the auction are those submitted by no more than one participant.

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