The Auction Economy

Jun 27, 2003
George Anderson

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?

Anderson – Moderator

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