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Minimizing the occurrence of retail pricing errors in electronic commerce

  • US 20040199441A1
  • Filed: 04/03/2003
  • Published: 10/07/2004
  • Est. Priority Date: 04/03/2003
  • Status: Abandoned Application
First Claim
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1. A method for determining whether retail prices are reasonable for items sold using an electronic shopping system having a retail price database, comprising:

  • determining a retail price of an item;

    determining a price bound for the item;

    comparing the retail price with the price bound; and

    if the retail price violates the price bound, indicating that the retail price needs further evaluation.

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