public auction
Defined in Article 2, Directive (EU) 2019/771
Definitions over time (1)
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For the purposes of this Directive, the following definitions apply:
‘public auction’ means a method of sale where goods or services are offered by the seller to consumers, who attend or are given the possibility to attend the auction in person, through a transparent, competitive bidding procedure run by an auctioneer and where the successful bidder is bound to purchase the goods or services.
Earlier definition records in this act (1)
Open an entry to see its definitions, dates and uses. Separate scopes and histories are kept intact.
- Article 2(15) Historical · definitions end 31/07/2026