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Method and system for performing a progressive auction

  • US 7,983,977 B2
  • Filed: 12/10/2002
  • Issued: 07/19/2011
  • Est. Priority Date: 03/29/1996
  • Status: Expired due to Fees
First Claim
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1. A method to facilitate an electronic auction, the method including:

  • at a host computer having a processor and memory, processing instructions causing the host computer to receive 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, and to award one or more merchandise items of the plurality of merchandise items to each of a plurality of successful bidders of the plurality of bidders at different item prices based on the quantity bid by each of the plurality of successful bidders being a different quantity.

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