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Method, medium, and system for managing linked auctions

  • US 8,401,922 B2
  • Filed: 10/08/2010
  • Issued: 03/19/2013
  • Est. Priority Date: 10/09/2009
  • Status: Expired due to Fees
First Claim
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1. A method comprising:

  • creating by at least one computer processor a linked auction for the between a first product and an at least one other product, wherein the first product is listed in the linked auction for a first price and a second product from the at least one other product is listed in the linked auction for a second price, wherein the first price and second price are different and the first product and second product are different;

    receiving a bid for the first product from a first seller;

    in response to at least receiving the bid, automatically lowering the first price to a first adjusted first price by a first amount;

    in response to at least receiving the bid, automatically lowering the second price to a first adjusted second price by the first amount;

    receiving a subsequent bid for the second product, wherein the subsequent bid is received from a second seller who is different from the first seller;

    in response to at least receiving the subsequent bid, automatically lowering the first adjusted second price to a second adjusted second price by a second amount;

    in response to at least receiving the subsequent bid, automatically lowering the first adjusted first price to a second adjusted first price by the second amount;

    determining a winning product for the linked auction.

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