DK1012764T3 - Method of holding an auction, and uses of the method - Google Patents

Method of holding an auction, and uses of the method

Info

Publication number
DK1012764T3
DK1012764T3 DK98900850T DK98900850T DK1012764T3 DK 1012764 T3 DK1012764 T3 DK 1012764T3 DK 98900850 T DK98900850 T DK 98900850T DK 98900850 T DK98900850 T DK 98900850T DK 1012764 T3 DK1012764 T3 DK 1012764T3
Authority
DK
Denmark
Prior art keywords
auction
auctioning
bidders
sellers
take place
Prior art date
Application number
DK98900850T
Other languages
Danish (da)
Inventor
Martin Groftehauge
Peter Groftehauge
Original Assignee
Autocom Aps
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Family has litigation
First worldwide family litigation filed litigation Critical https://patents.darts-ip.com/?family=8089819&utm_source=google_patent&utm_medium=platform_link&utm_campaign=public_patent_search&patent=DK1012764(T3) "Global patent litigation dataset” by Darts-ip is licensed under a Creative Commons Attribution 4.0 International License.
Application filed by Autocom Aps filed Critical Autocom Aps
Application granted granted Critical
Publication of DK1012764T3 publication Critical patent/DK1012764T3/en

Links

Classifications

    • G—PHYSICS
    • G07—CHECKING-DEVICES
    • G07C—TIME OR ATTENDANCE REGISTERS; REGISTERING OR INDICATING THE WORKING OF MACHINES; GENERATING RANDOM NUMBERS; VOTING OR LOTTERY APPARATUS; ARRANGEMENTS, SYSTEMS OR APPARATUS FOR CHECKING NOT PROVIDED FOR ELSEWHERE
    • G07C11/00—Arrangements, systems or apparatus for checking, e.g. the occurrence of a condition, not provided for elsewhere

Landscapes

  • Physics & Mathematics (AREA)
  • General Physics & Mathematics (AREA)
  • Management, Administration, Business Operations System, And Electronic Commerce (AREA)

Abstract

The invention relates to a method of holding auctions which take place in a computer environment, where a plurality of sellers (8) and bidders (3) may submit bids from local computers to a central computer (1), a so-called server which may e.g. be coupled via the Internet. The server (1) may offer a catalogue (5) to the indivudual bidders (3) who can then prepare, via their own computers, a prioritized list of the articles which they may possibly desire to buy. The auctioning system incorporates the certainty, via a list of purchase conditions, that a bidder does not risk buying too many articles, or that he will not spend too much money, in the same manner as is known from a traditional live auction. It is moreover noted that the auctioning system may be combined with an ordinary live auction. The auctioning form gives a very advantageous price formation which considers both sellers' and buyers' interests. Furthermore, the auction may take place entirely without geographical limitations.
DK98900850T 1997-01-30 1998-01-30 Method of holding an auction, and uses of the method DK1012764T3 (en)

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
DK010797A DK10797A (en) 1997-01-30 1997-01-30 Procedure for holding an auction, as well as uses of the method
PCT/DK1998/000040 WO1998034187A1 (en) 1997-01-30 1998-01-30 A method of holding an auction and uses of the method

Publications (1)

Publication Number Publication Date
DK1012764T3 true DK1012764T3 (en) 2001-08-06

Family

ID=8089819

Family Applications (2)

Application Number Title Priority Date Filing Date
DK010797A DK10797A (en) 1997-01-30 1997-01-30 Procedure for holding an auction, as well as uses of the method
DK98900850T DK1012764T3 (en) 1997-01-30 1998-01-30 Method of holding an auction, and uses of the method

Family Applications Before (1)

Application Number Title Priority Date Filing Date
DK010797A DK10797A (en) 1997-01-30 1997-01-30 Procedure for holding an auction, as well as uses of the method

Country Status (7)

Country Link
EP (1) EP1012764B1 (en)
AT (1) ATE201272T1 (en)
AU (1) AU5652298A (en)
DE (1) DE69800807T2 (en)
DK (2) DK10797A (en)
ES (1) ES2156435T3 (en)
WO (1) WO1998034187A1 (en)

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US7392214B1 (en) 1999-04-30 2008-06-24 Bgc Partners, Inc. Systems and methods for trading
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KR100321488B1 (en) * 1999-09-06 2002-03-18 원종호 System and Method for Electronic Commerce
EP1085445A1 (en) * 1999-09-15 2001-03-21 Hewlett-Packard Company Auction method and apparatus for electronic commerce
US6892186B1 (en) 1999-09-15 2005-05-10 Hewlett-Packard Development Company, L.P. Auction method and apparatus for electronic commerce
EP1085439A1 (en) * 1999-09-15 2001-03-21 Hewlett-Packard Company Auction method and apparatus for electronic commerce
US7386497B1 (en) * 1999-11-22 2008-06-10 Gfi Group, Inc. System and method for trading an instrument
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US7058598B1 (en) * 2000-04-30 2006-06-06 International Business Machines Corporation Web price optimizer of multiple-item package orders for e-commerce on the internet and method of use
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DE10053246A1 (en) * 2000-10-26 2002-05-16 Sebworld Internationale Verwer System on the Internet for holding an auction
US7870054B2 (en) 2000-11-10 2011-01-11 Ariba, Inc. Method, apparatus and system for advancing a bidder to a selected rank
US7634439B1 (en) 2000-11-14 2009-12-15 Ariba, Inc. Method and apparatus to perform buy versus leasing transformational bidding
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US7392217B2 (en) 2001-05-09 2008-06-24 Bgc Partners, Inc. Systems and methods for controlling traders from manipulating electronic trading markets
US7536362B2 (en) 2001-11-07 2009-05-19 Ariba, Inc. Method for selecting an optimal balance between direct cost and a number of suppliers
US8126799B2 (en) * 2002-01-09 2012-02-28 Ariba, Inc. Method of bidding to drive competition in an auction
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US7693747B2 (en) 2002-10-31 2010-04-06 Ariba, Inc. Methods, system, and medium for initiating an online auction utilizing a line item detail report
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GB2425626A (en) 2005-03-24 2006-11-01 Espeed Inc System for protecting against erroneous price entries in the electronic trading of financial and other instruments
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JPH0737015A (en) * 1994-05-23 1995-02-07 Oak Net:Kk Auction information transmission processing system and method therefor
ATE191805T1 (en) * 1994-08-17 2000-04-15 Reuters Ltd SYSTEM AND METHOD OF BRINGING TOGETHER POTENTIAL TRADING PARTNERS BASED ON NEGOTIATIONS
US5640569A (en) * 1995-04-28 1997-06-17 Sun Microsystems, Inc. Diverse goods arbitration system and method for allocating resources in a distributed computer system
FR2733847B1 (en) * 1995-05-03 1997-07-18 Bris Denis Le INSTALLATION OF SALE PER PAGE, SIMULTANEOUSLY AND BY PROGRESSIVE AUCTIONS, LOTS OR LOT FRACTIONS FROM A CATALOG
JP3407561B2 (en) * 1996-09-04 2003-05-19 株式会社日立製作所 Auction apparatus and method

Also Published As

Publication number Publication date
AU5652298A (en) 1998-08-25
EP1012764B1 (en) 2001-05-16
ATE201272T1 (en) 2001-06-15
DE69800807D1 (en) 2001-06-21
DK10797A (en) 1997-01-30
WO1998034187A1 (en) 1998-08-06
DE69800807T2 (en) 2001-11-08
ES2156435T3 (en) 2001-06-16
EP1012764A1 (en) 2000-06-28

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