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Someone bid on an item I was bidding on at the very last second and won it! Is this allowed?
Yes, it is.
Within the eBay Community, this practice is called "sniping" and it means to place a high bid in the closing seconds of an auction-style listing.
As frustrating as it can be to lose an item you really wanted, sniping is part of the eBay experience, and all bids placed before a listing ends are valid - even if they're placed only one second before the listing ends.
One way to help avoid disappointment is to ensure that the maximum bid you enter on the item page is the highest price that you're willing to pay. The eBay system automatically increases your bid up to the maximum price you specify, so entering a higher maximum may help prevent you from being outbid in the closing seconds of a listing
