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Kaplan, Naim & Co. Ltd. (50%)

Tel Aviv, IL

Kaplan, Naim & Co. Ltd. (50%) Patent applications
Patent application numberTitlePublished
20090055286INVERSE MULTIPLE AUCTION - A method and system for encouraging competition in an on-line auction includes receiving at least one bid to buy an item and communicating the bids or a summary thereof to a plurality of sellers. A seller may respond to the bids by accepting a bid or making an offer. Information on the status of the bidding and offers may be made available to one or more participants to encourage an open market and informed decision making by all participants.02-26-2009