Using the Web to match buyers and sellers around the globe. eBay pioneered the online auction in 1995, and Amazon.com, Yahoo! and others quickly followed. Priceline added a variation by asking buyers to name the price they want to pay and see if a seller will match it. See eBay, Amazon.com, priceline.com, sniping software and bid shielding.
 | Reproduced with permission from Computer Desktop Encyclopedia. Copyright (c) 1981-2009 The Computer Language Company Inc. All rights reserved. |
Additional Resources
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