Auctions and Trading Exchanges
- Actions
- E.g.: Onsale
- Began in 1995
- US$80M in 1997
- Not commodity-based
- Commodity Auctions
- Trading Exchanges
- E.g.: FastParts
- Electronic component trading
- Began in 1996
- Does not take possession
- Provides 3rd party guarantees
- Handles transport
But it is already happening without agents.
NEXT
cjp
Last modified: Wed Jul 15 04:44:20 PDT 1998