"Bidding frenzy" refers to a situation where there is a lot of excitement and competition among people who are eager to buy or bid on something, often leading to an intense and rapid increase in prices.
Sentences with «bidding frenzy»
Take, for example, Amazon's decision to build a second headquarters campus and the resultant bidding frenzy among metro areas. (firstthings.com)
These types of bidding frenzies will become less commonplace as rates rise. (themortgagereports.com)
The wannabe indie crowd - pleaser Patti Cake $, which was bought by Fox Searchlight for a hefty $ 9.5 million, averaged an underwhelming $ 4,714 per screen, once again proving that the primary audience for these Sundance items is probably at Sundance and that the distributor that paid $ 12 million for Me And Earl And The Dying Girl and $ 17.5 million for The Birth Of A Nation should maybe consider setting a spending cap for future Sundance - hype - echo - chamber bidding frenzies. (news.avclub.com)