(15)
‘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.
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Source: EUR-Lex CELLAR · retrieved 2026-07-31 · Text as consolidated on 2026-07-31; changes after this date are not shown.