Method and system for performing a progressive auction

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance

Reexamination Certificate

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Reexamination Certificate

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07983977

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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