Internet Marketplaces
The growing prevalence of Internet access has enabled new markets to emerge online. One example is eBay, a globally available auction house for products. The Internet has also allowed other marketplaces to thrive by connecting buyers and sellers from disparate locations. The formation of online marketplaces often occurs quickly in response to social or economic trends. Craigslist, Pricefalls, LLC and Markets Central are other websites that allow the public to trade goods and services. Internet marketplaces can further be categorized as B2B, B2C and C2C marketplaces.
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