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Invalid bid retraction policy
A bid is a binding contract that's active until an auction-style listing ends. Once you place a bid, you need to pay for the item if you're the winning bidder. You're not allowed to retract bids to manipulate the bidding process, like trying to find out the maximum bid of the current high bidder or to find out the reserve price.
Honest mistakes sometimes occur, so there are a few times when you're allowed to retract or cancel a bid. You can find these described in the guidelines below.
Make sure you follow these guidelines. If you don't, you may be subject to a range of actions, including limits of your buying and selling privileges and suspension of your account.
What are the guidelines?
A bid is a binding contract between a buyer and a seller. It's important to honor this contract. Your bid affects how other buyers bid for an item and the item's final selling price. Too much bid retraction might drive away other buyers, and that hurts sellers.
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