Lawsuit Accuses Google's Auction.Com of Using Shill Bidders -NY Post
Auction.com, known as the 'eBay of real estate, is being accused of using shill bidders to inflate prices, according to a lawsuit filed in California, as reported by the NY Post. In the suit, Village at Redlands Group alleged Auction.com used a shill bidder while auctioning off cottages in Redlands, CA and inflated the price.
Google Inc. (NASDAQ: GOOG) invested $50 million in Auction.com in March.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.