I. Introduction The Internet has...

I. Introduction

The Internet has exhibited the door to development of an enormous number of innovative markets that could not have existed as little as a decade ago. a certain quantity of function to auction industrial purchasing contracts from business to business. Others, timeed buyer-biding auctions, serve to facilitate the sale of pre-own consumer items like as art, collector cards, antiques, or rare coins. The firm eBay popularized the latter category, altering permanently the way millions of individuals purchase or sell numerous commodities. (1)

Internet markets differ from traditional markets in that reduc transactions richnesss make it possible for a large