Is a
Patent attributes
Patent Jurisdiction
Patent Number
Date of Patent
May 6, 2014
Patent Application Number
11530463
Date Filed
September 9, 2006
Patent Citations Received
Patent Primary Examiner
Patent abstract
Disclosed are methods for competitive pricing implemented in software for commerce in an electronic marketplace. A vendor may identify rivals: competitors against which the vendor most directly competes by dint of having similar reputation and market positioning. Using specified pricing models applied to filtered price data periodically gathered by spider-crawling competitors on the Internet, a vendor may adjust product prices to match rivals while accounting for overall marketplace price trends.
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