This type of auction is split in two phases. During the first one, lots are sold individually as in any other traditional auction. Bidders can bid for single lots and wait for the end of the auction.
After the closure there will be 10 minutes when bidders can submit offers for the entire range of lots. This is called the second phase.
If any offer will be registered in these 10 minutes the lots will be assigned to the winners of the first phase as resulting from their Bid History.
If on the contrary an offer in bulk will be submitted, this will win on the individual ones.
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