Method and system for performing a progressive auction
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United States of America Patent
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Jul 19, 2011
Grant Date -
May 8, 2003
app pub date -
Dec 10, 2002
filing date -
Mar 29, 1996
priority date (Note) -
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status (Latency Note)
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Abstract
A method and system for to facilitate an electronic auction includes receiving a bid from each of a plurality of bidders for a plurality of merchandise items via a web-based bid form. Each bid including a bid price and a quantity bid. One or more of the merchandise items of the plurality of merchandise items are awarded to each of a plurality of successful bidders of the plurality of bidders at different prices based on the quantity bid by each of the plurality of successful bidders.
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