{"schema_version":"1.0","canonical_url":"https://patentable.app/patents/US-8521610","patent":{"patent_number":"US-8521610","title":"Online auction and method","assignee":null,"inventors":[],"filing_date":"2010-06-10T00:00:00.000Z","publication_date":"2013-08-27T00:00:00.000Z","cpc_codes":["G06Q","G06Q"],"num_claims":5,"abstract":"An online auction and method of conducting an online auction accessible over a communications network includes the step of providing a computer programmed to host the auction, the computer being accessible to a user through the communications network and adapted to provide a user interface to allow the user to bid on or sell an item on the auction. The method also including the steps of providing instructions to the computer through the user interface, the instructions providing parameters for the auction being conducted; and displaying the item for sale on the user interface with an initial sale price and prompting a bidder to bid on the item. The method further including the steps of allowing the bidder to bid on the item through the communications network, wherein in response to a bid by the bidder, the computer reduces the initial sale price by the bid value and displays a new sale price on the user interface; and using the computer to determine a winning bidder and shipping the item to the winning bidder."},"analysis":{"summary":null,"layman_explanation":null,"technical_analysis":null,"business_analysis":null,"faqs":null,"topics":[],"tech_cluster":null},"seo":{"title":"Online auction and method","description":"An online auction and method of conducting an online auction accessible over a communications network includes the step of providing a computer programmed to host the auction, the computer being acces","keywords":[]},"attribution":{"source":"Patentable","source_url":"https://patentable.app","canonical_url":"https://patentable.app/patents/US-8521610","license":"CC-BY-4.0-like","license_terms":"AI-generated analysis on this page (summary, layman_explanation, technical_analysis, business_analysis, faqs) may be reused with attribution and a visible link back to the canonical URL above. Patent abstracts, claims, and bibliographic data are USPTO public domain.","required_link":"https://patentable.app/patents/US-8521610","citation_suggestion":"Patentable. \"Online auction and method\" (US-8521610). https://patentable.app/patents/US-8521610","copyright_holder":"Nomic Interactive Technology LLC"},"links":{"html":"https://patentable.app/patents/US-8521610","json":"https://patentable.app/api/llm-context/US-8521610","site":"https://patentable.app","llms_txt":"https://patentable.app/llms.txt"},"generated_at":"2026-05-30T21:47:31.520Z"}