Enhanced auction mechanism for online transactions
Number of patents in Portfolio can not be more than 2000
United States of America Patent
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N/A
Issued Date -
Feb 26, 2004
app pub date -
Jun 19, 2001
filing date -
Aug 18, 2000
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
An auction system and method for suitable for use with online transactions which provides a plurality of enhanced auctions is disclosed. The present invention extends, augments or otherwise enhances various auction elements including, for example, temporal negotiations, bundled-based auctions, tournament auctions, team auctions, conversion auctions, and bargain market auctions among others. In addition, the enhanced auction modules may be used separately or together during the auction process.
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