eBay is a corporate American e-commerce enterprise, known for its auction website of the same name. It was created in 1995 by Pierre Omidyar. It has become a world reference in its sector and a social phenomenon. In 2009, it had more than 276 million registered members. Litigation Disputes are managed on eBay itself, first [...]

Online Auction, also called electronic auction, e-auction, e-sourcing or ERA is a tool used in business-to-Business (B2B) mainly for acquisitions or shopping areas. In this sort of auction, the main factor affecting both sellers and buyers is to purposely reduce the price after every bid. While it is the buyers that compete to get or [...]