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Saturday
- July 8, 2000
B2B Sites Raise Regulator
Questions
According to the New York Times:
"As companies in practically
every industry rush to join business-to-business exchanges
on the Internet, regulators are growing concerned that
they will face a rash of new antitrust questions for which
they are not prepared.
Known as B2B Web sites, the
exchanges create a place for companies in the same industry,
be it automobiles or grain, to buy and sell goods, potentially
saving millions of dollars in back-office costs by setting
up a national marketplace online. But the sites, which
can compile huge amounts of sensitive data and are often
jointly owned by corporate rivals, also create opportunities
for collusion and price-fixing that did not exist before,
antitrust experts say..."
Click
here for the full story. (note: viewing article may
require free registration)
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