| Founded | 1997 |
|---|---|
| Closed | 2004 |
| Country | USA |
| Sector | Marketplace |
| Collapse type | Slow Death |
FairMarket
"B2B auction network raised $130M to out-network eBay and lost to the network effects it could not replicate."
Years-long decline before final shutdown
Key Events Timeline
FairMarket built a distributed auction network that aggregated thousands of smaller retailers into a federated marketplace, competing with eBay by offering auction technology to partner sites including MSN and Egghead.
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