A CDE Definition
Using the Web to match buyers and sellers around the globe. eBay pioneered the online auction in 1995, 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 0FB, eBay, priceline.com, sniping software and bid shielding.
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Click any of the following categories for a list of fundamental terms.