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EBAY » Topics » Auction Listing Format

This excerpt taken from the EBAY 10-K filed Feb 28, 2007.
Auction Listing Format
 
At the core of our Marketplaces platform are our traditional auction format listings, in which a seller will select a minimum price for opening bids, with the option to set a reserve price for the item, which is the minimum price at which the seller is willing to sell the item. A seller with appropriate feedback ratings can also sell in a “Multiple Item Auction” format, which allows a seller to sell multiple identical items to the highest bidders.


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