05-05-2006, 04:33 PM
Quote:In March of 1999, Amazon.com launched an auction site to compete with eBay...
Amazon Auctions was designed to be a frontal assault on eBay, reproducing everything they had in one fell swoop. Amazon thought its tens of millions of customers would immediately adapt to auctions and small businesses would flock to our site. It was an aggressive move that was foolishly arrogant.
When the site launched, it was technically superior to eBay's, faster, better search, and several new useful features. The inventory was reasonable, but not large...
full article: http://glinden.blogspot.com/2006/04/earl...tions.html