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An Electronic Auction (EA) is an online marketplace where buyers and sellers can interact and transact in real-time. It is a type of e-business that allows buyers to bid on items or services, and sellers to list their products or services for sale. EA is a form of price discovery, where buyers and sellers can negotiate the best price for a product or service. The auction process is automated, allowing buyers and sellers to interact in real-time, and the auction is usually conducted over the internet.
EA is a popular form of e-business, as it allows buyers and sellers to quickly and easily find the best price for a product or service. It also allows buyers to compare prices from different sellers, and sellers to reach a wider audience.
Some companies in the EA market include eBay, Amazon, Alibaba, and Rakuten. Show Less Read more
