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Online auction

Index Online auction

An online auction (also electronic auction, e-auction, virtual auction, or eAuction) is an auction held over the internet and accessed by internet connected devices. [1]

Table of Contents

  1. 33 relations: Auction, Auction software, Australian Competition and Consumer Commission, Auto auction, BBC News, Bidding fee auction, Bulletin board system, Business-to-business, CompuServe, COVID-19 pandemic, EBay, English auction, Federal Bureau of Investigation, Federal Trade Commission, Fence (criminal), Internet, Internet Crime Complaint Center, Invitation to tender, Jerry Kaplan, Management Science (journal), Online travel auction, PayPal, Pierre Omidyar, Private electronic market, Procurement, Retail, Reverse auction, Swoopo, The New York Times, Unfair Commercial Practices Directive 2005, Unique bid auction, United Kingdom, Wiley (publisher).

Auction

An auction is usually a process of buying and selling goods or services by offering them up for bids, taking bids, and then selling the item to the highest bidder or buying the item from the lowest bidder.

See Online auction and Auction

Auction software

Auction software is application software, that can either be deployed on a desktop, on a web server or as a smart contract on a blockchain virtual machine.

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Australian Competition and Consumer Commission

The Australian Competition and Consumer Commission (ACCC) is the chief competition regulator of the Government of Australia, located within the Department of the Treasury.

See Online auction and Australian Competition and Consumer Commission

Auto auction

Auto auctions are a method of selling vehicles based on an auction system.

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BBC News

BBC News is an operational business division of the British Broadcasting Corporation (BBC) responsible for the gathering and broadcasting of news and current affairs in the UK and around the world.

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Bidding fee auction

A bidding fee auction, also called a penny auction, is a type of all-pay auction in which all participants must pay a non-refundable fee to place each small incremental bid.

See Online auction and Bidding fee auction

Bulletin board system

A bulletin board system (BBS), also called a computer bulletin board service (CBBS), was a computer server running software that allowed users to connect to the system using a terminal program. Online auction and bulletin board system are American inventions.

See Online auction and Bulletin board system

Business-to-business

Business-to-business (B2B or, in some countries, BtoB) is a situation where one business makes a commercial transaction with another.

See Online auction and Business-to-business

CompuServe

CompuServe (CompuServe Information Service, also known by its initialism CIS or later CSi) was an American online service, the first major commercial one in the world.

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COVID-19 pandemic

The COVID-19 pandemic (also known as the coronavirus pandemic), caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), began with an outbreak of COVID-19 in Wuhan, China, in December 2019.

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EBay

eBay Inc. (often stylized as ebay or Ebay) is an American multinational e-commerce company based in San Jose, California, that allows users to buy or view items via retail sales through online marketplaces and websites in 190 markets worldwide.

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English auction

An English auction is an open-outcry ascending dynamic auction.

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Federal Bureau of Investigation

The Federal Bureau of Investigation (FBI) is the domestic intelligence and security service of the United States and its principal federal law enforcement agency.

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Federal Trade Commission

The Federal Trade Commission (FTC) is an independent agency of the United States government whose principal mission is the enforcement of civil (non-criminal) antitrust law and the promotion of consumer protection.

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Fence (criminal)

A fence, also known as a receiver, mover, or moving man, is an individual who knowingly buys stolen goods in order to later resell them for profit.

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Internet

The Internet (or internet) is the global system of interconnected computer networks that uses the Internet protocol suite (TCP/IP) to communicate between networks and devices. Online auction and internet are American inventions.

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Internet Crime Complaint Center

The Internet Crime Complaint Center (IC3) is a division of the Federal Bureau of Investigation (FBI) concerning suspected Internet-facilitated criminal activity.

See Online auction and Internet Crime Complaint Center

Invitation to tender

An invitation to tender (ITT, also known as a call for bids or a request for tenders) is a formal, structured procedure for generating competing offers from different potential suppliers or contractors looking to obtain an award of business activity in works, supply, or service contracts, often from companies who have been previously assessed for suitability by means of a supplier questionnaire (SQ) or pre-qualification questionnaire (PQQ).

See Online auction and Invitation to tender

Jerry Kaplan

Samuel Jerrold "Jerry" Kaplan (born March 25, 1952) is an American computer scientist, author, futurist, and entrepreneur.

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Management Science (journal)

Management Science is a peer-reviewed academic journal that covers research on all aspects of management related to strategy, entrepreneurship, innovation, information technology, and organizations as well as all functional areas of business, such as accounting, finance, marketing, and operations.

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Online travel auction

The term online travel auction is a system of buying and selling travel products and services online by offering them up for auction and then awarding the item to the highest bidder.

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PayPal

PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers; it serves as an electronic alternative to traditional paper methods such as checks and money orders.

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Pierre Omidyar

Pierre Morad Omidyar (born Parviz Morad Omidyar, June 21, 1967) is a French-born Iranian-American billionaire.

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Private electronic market

A private electronic market (PEM) uses the Internet to connect a limited number or pre-qualified buyers or sellers in one market.

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Procurement

Procurement is the process of locating and agreeing to terms and purchasing goods, services, or other works from an external source, often with the use of a tendering or competitive bidding process.

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Retail

Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers.

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Reverse auction

A reverse auction (also known as buyer-determined auction or procurement auction) is a type of auction in which the traditional roles of buyer and seller are reversed.

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Swoopo

Swoopo was a bidding fee auction site where purchased credits were used to make bids.

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The New York Times

The New York Times (NYT) is an American daily newspaper based in New York City.

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Unfair Commercial Practices Directive 2005

The Unfair Commercial Practices Directive 2005/29/EC regulates unfair business practices in EU law, as part of European consumer law.

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Unique bid auction

A unique bid auction is a type of strategy game related to traditional auctions where the winner is usually the individual with the lowest unique bid, although less commonly the auction rules may specify that the highest unique bid is the winner.

See Online auction and Unique bid auction

United Kingdom

The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of the continental mainland.

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Wiley (publisher)

John Wiley & Sons, Inc., commonly known as Wiley, is an American multinational publishing company that focuses on academic publishing and instructional materials.

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References

[1] https://en.wikipedia.org/wiki/Online_auction

Also known as Auction sites, E-auction, Eauction, Electronic auction, Internet auction, On-line auction, Online Auction Business Model, Online auction site, Online auctions.