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- Auction which is held over the internetAn online auction is an auction which is held over the internet12345. It is a service that allows users to sell or bid for products or services via different types of auction software25. Online auctions can have various formats, such as ascending, descending, sealed-bid, or Vickrey auctions1. Online auctions are not conducted in front of a live audience and may have reserve items34.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.
An online auction (or also electronic auction or e-auction or eAuction) is an auction which is held over the internet. Like auctions in general, online auctions come in a variety of types like ascending English auctions, descending Dutch auctions, first-price sealed-bid, Vickrey auctions and others, which are sometimes not mutually exclusive.
en.wikipedia.org/wiki/Online_auctionAn online auction is a service in which auction users or participants sell or bid for products or services via the Internet. Virtual auctions facilitate online activities between buyers and sellers in different locations or geographical areas. Various auction sites provide users with platforms powered by different types of auction software.
www.techopedia.com/definition/26416/online-auctionOnline/Virtual Auction: An auction that is for online bidders only and is not conducted in front of a traditional live audience. These auction types may have reserve items in which the auctioneers bid in order to protect the reserve.www.liveauctioneers.com/terminologyan internet/online/public auction You can bid for it in an online auction.dictionary.cambridge.org/dictionary/english/auctionThese electronic marketplaces connect auctioneers and suppliers for efficient bidding and sales.www.medius.com/glossary/what-are-e-auctions/ - People also ask
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Online auction - Wikipedia
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. Similar to in-person auctions, online auctions come in a variety of types, with different bidding and selling rules. eCommerce sales for businesses have … See more
Online auctions originated on web forums as early as 1979 on CompuServe and The Source, as well as through email and bulletin board systems. Auctioneers and sellers would post notices describing items for sale, minimum … See more
A core benefit of an online auction is the removal of the physical limitations of a traditional auction that require attendees to be geographically located together, which greatly reduces … See more
The increasing popularity of using online auctions has led to an increase in fraudulent activity. This is usually performed on an auction website by creating a very … See more
English auctions
English auctions are also known as open outcry or raise prices. In live settings, English auctions are announced by either an auctioneer or by … See moreGovernment
Governments have identified and taken steps to ensure the safety of online auctions and protect the interests of their citizens, typically by setting up relevant departments to deal with it. In the United States, the See more• Media related to Online auction at Wikimedia Commons See more
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