Bybidding Law and Legal Definition
Bybidding is the process of making of sham or fictitious bids at an auction sale for the purpose of inflating the ultimate and highest bid.
The following is an example of a case law referring to bybidding:
“The designed and natural effect of bybidding upon the lots first sold is to mislead the judgment of the buyers as to the value of the whole tract, and to induce them to bid more than they will upon a fair sale.” [Osborn v. Apperson Lodge, F. & A. M., 213 Ky. 533 (Ky. 1926)].
