Is it possible to cancel an auction you've started on ebay?

Question

Let's say ppl bid on your item but not with the price you wanted, is it possible to cancel the auction?

Answer 1

They make a big fuss about it, if you cancel. I don't know why. But nobody can make you give your stuff away (you will get negative reports for that). Usually, they want a limit from you beforehand and then your fee is calculated from that.

My bet is, that 30% of the items on Ebay are never sold.

Answer 2

Yes if nobody has bid