One key part of the $700 billion rescue plan requires the government to take "toxic assets" off the books of financial institutions. The Treasury Department has said it will use market mechanisms ...

'Suppliers will kick and scream before they participate...' In the world of B2B auctions, the reverse auction is king. But is that just the buyer talking? Adrian Mello investigates the benefits or ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, ...

Although the General Services Administration eagerly rolled out its own reverse auction platform earlier in July to generate lower prices on commodity goods for federal agencies, newly introduced ...

Saving money has always been a prime directive for successful businesses, and for many people, online reverse auctions may look like an effective e-business tool for doing just that. But research and ...

Lawmakers are marshaling arguments to restrict the contracting tool called a reverse auction, criticizing agency reliance on a practice dominated by a single private firm at a Thursday hearing of the ...

The use of so-called reverse auctions to lower contracting costs at the Veterans Affairs Department and General Services Administration came under tough scrutiny on Wednesday at a House joint ...

Small companies are increasingly holding their own reverse auctions, according to Jemin Patel, CEO of HedgeHog, a Carmel, Indiana, company that sells auction software. But before you rush to set one ...

ome large corporations are participating in online reverse auctions to procure hotel rates, a practice that puts hotels in a very competitive medium and shaves weeks off the traditional RFP process.

In the world of B2B auctions, the reverse auction is king. Reverse auctions are so named because, as the auction progresses, prices are bid down rather than up as they are with ordinary forward ...