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</html><description>In simplest terms, a proxy bidder is an entity or system that bids on behalf of a bidder in an auction. This mechanism allows individuals or businesses to participate in auctions remotely, without the need for direct involvement in the bidding process. How Proxy Bidding Works Proxy bidding is a sophisticated mechanism that streamlines the...</description><thumbnail_url>https://businesnewswire.com/wp-content/uploads/2024/12/bidder.png</thumbnail_url></oembed>
