Is a
Patent attributes
Patent Jurisdiction
Patent Number
Date of Patent
November 10, 2009
Patent Application Number
09695551
Date Filed
October 24, 2000
Patent Primary Examiner
Patent abstract
A system and method is disclosed for the conduct of an online auction in which bidders are able to place bids on lots in the auction by selecting from a plurality of predetermined bid increments provided by the system. The predetermined bid increments provided by the system are adjusted during the auction of a specific lot to adapt to sale conditions and maximize the price obtained at auction.
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