June 27, 2003

The Auction Economy

By George Anderson


In a recent commentary, CBS Market Watch’s Bambi Francisco suggested
“eBay is creating an economy of its own.”


She points to not only the $20 billion handled through its online auctions,
but to a host of other businesses such as search optimization technology and
those offering advice and support to companies doing business on eBay.


Moderator’s Comment: What impact has eBay and Internet
auctions had on consumer and business shopping behavior?

[George
Anderson – Moderator
]

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