online auction

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online auction

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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References in periodicals archive ?
Moreover, the State Committee on Property Issues held the first electronic auction on July 4, 2017.
Summary: Brig Saif Al Zeri, Commander-in-Chief of the Sharjah Police, said this is the first electronic auction in the country.
About 117,894 deals for 195.84 billion sum ($85.3 million) were registered at electronic auction trades on public procurement of Uzbekistan in the first half of 2014, the Ministry of Finance of Uzbekistan said.
KARACHI -- The Pakistan Telecommunication Authority has chosen to hold an electronic auction, which sources say is in line with international standards and also likely to discourage collusive bidding.
The first electronic auction for selling the assets of the factory Ruen of Kocani, which went into receivership more than a year ago, was held Tuesday.
A significant saving of 43.76% on the production cost of electricity generation was achieved through the completion of the reverse bid electronic auction for photovoltaic licenses, held last week under the initiative of the Energy Service of the Ministry of Commerce, Industry and Tourism and conducted by the Accountant General of the Republic.
The Deal LLC's (New York) new "Auction Block" is an electronic auction and research service for corporate auctions targeted to professionals working in middle-market transactions, including private equity investors, investment bankers, lawyers, advisors and corporate executives.
NORDIC BUSINESS REPORT-10 March 2005-Ericsson to take part in electronic auction for network expansion in Thailand - report(C)1994-2005 M2 COMMUNICATIONS LTD http://www.m2.com
Telecomms equipment and technology companies Siemens, Ericsson and Marubeni (8002.TO) will all take part in an electronic auction for a telephone expansion project from Thailand's state-owned telecomms agency, TOT Corp.
Precept brings new order and efficiency to the commercial loan market by performing underwriting and due diligence upfront, followed by an electronic auction to lenders on a pre-packaged, ready to finance property.
The government saved [euro]43 million last year through the electronic auction system.

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