Appeal 2007-2370
Application 09/373,141
1 The Appellant invented a way for conducting an online auction of a monetary
2 amount for a specified category of items. This involves receiving at least one bid
3 having a discount rate for the specified category of items being auctioned from a
4 plurality of sellers registered to participate in the auction. It also includes receiving
5 a commitment to buy an undiscounted value amount within the specified category
6 of items at a minimum discount rate from at least one buyer registered to
7 participate in the auction. At least one successful seller of the value amount for the
8 specified category of items is then declared, based on a bid from the successful
9 seller or sellers having the greatest discount rate greater than or equal to the
10 minimum discount rate and best meeting the buyers' individual conditions.
11 (Specification 6:8-19).
12 An understanding of the invention can be derived from a reading of exemplary
13 claim 1, which is reproduced below [bracketed matter and some paragraphing
14 added].
15 1. A method for conducting an online auction of a monetary amount
16 for a specified category of items,
17 the method comprising:
18 [1] receiving at a computer site
19 [a] at least one bid
20 [i] having a discount rate
21 [ii] for the specified category of items being auctioned
22 [b] from a plurality of sellers registered to participate in the
23 auction;
24 [2] receiving at the computer site
25 [a] a commitment
26 [i] to buy an undiscounted monetary amount
27 [ii] of the item or within the specified category of items
2
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