Appeal No. 2006-1050
Application No. 09/852,831
THE INVENTION
The invention relates to a network auction site wherein the seller can set a
reserve price. If the reserve price is not met during an initial auction period the
auction period may be extended if the seller has authorized auction period
extensions. See pages 2 and 4 of appellants’ specification.
Claim 1 is representative of the invention and is reproduced below:
1. A method for conducting an auction at an auction server for an item
offered for sale, said method comprising:
enabling a seller to designate a predetermined reserve price for
said item;
enabling bidders to be connected to said auction server through an
interconnection network;
receiving price bids from said bidders for said item during an
auction period;
determining that none of said price bids is equal to or greater than
said predetermined reserve price during said auction period;
determining that an extension of said auction period was authorized
by a seller of said item if none of said bid price bids was equal to or
greater than said predetermined reserve price; and
automatically extending said auction period if said extension of said
auction period was authorized.
THE REFERENCE
The reference relied upon by the examiner is:
Alaia 6,230,147 May 8, 2001
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