Yahoo! jumps into online auction market

Published on .

Yahoo! enters the online auction arena today when it opens Yahoo! Auctions. Yahoo! Auctions tries to undercut competing sites by offering a free service without the standard commissions or listing fees.

Yahoo! is teaming with auction site Onsale to provide the service, which replaces Onsale Exchange previously available through Onsale.

Copyright September 1998, Crain Communications Inc.

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