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Thursday, August 21, 2008

eBay Seeking to Abandon Auction Format

It should come as little surprise to a litany of concerned eBay sellers, but the popular--if wavering--auction site is looking to do away with the whole transaction format that helped make it one of the most successful retail destinations on the Web.

eBay today is expected to announce a plan that will move its focus away from the traditional bidding format, in favor of a standard fixed price scheme. Read more...

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