Give your answer between 300 to 400 words What is e-auctioning or electronic reverse auctioning? Why was it created? Who

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Give your answer between 300 to 400 words What is e-auctioning or electronic reverse auctioning? Why was it created? Who

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Give your answer between 300 to 400 words
What is e-auctioning or electronic reverseauctioning?
Why was it created?
Who are the major service providers?
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