For Most People, Online Auctions Have not Been a Strange Concept. the Online Auction Industry Was Born in 1995 With the Founding of Ebay, Now the Biggest Auction-site in the World, With an 85% Market Share of the Online Auction Sector. Albert (2002) Presents Several Industry Growth Related Numbers, of Which the Number of Participants Perhaps Illuminates the Situation Best: 6.5 Million Participants Was the Projection in Online Auctions in 2000, Which Was Exceeded With Considerable Margin (35 Mill

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This is of Course a Very Big Topic, But We Will Look at One Aspect - Making Provisions for When Things Go Wrong.

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