Systems and methods for automated internet-based auctions

G - Physics – 06 – Q

Patent

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Details

G06Q 30/08 (2012.01) H04L 12/16 (2006.01)

Patent

CA 2460320

The present invention relates to systems and methods for implementing an automated auction process that is held at a designated time on the Internet, and that ends after bidding has been completed. In accordance with triese systems and methods, a server connected to a plurality of workstations may establish several auctions that allow for efficient trading of multiple goods, while simulating the live and dynamic setting of traditional auctions.

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