VCP rant

[Rich Klein]

from B&L, and correct me if I'm wrong -- but the software designer is making decisions on what to do with the data from the B&L auction.

If so, on a global level that brings into issue, who really "owns" the data from a B&L auction, is it the auction house or is it the software provider.

I'm just curious as to your opinion on that part of this puzzle.

Rich

I missed Leon's response, and I agree with what he did.

[19cbb]

Originally Posted by Rich Klein

from B&L, and correct me if I'm wrong -- but the software designer is making decisions on what to do with the data from the B&L auction.

If so, on a global level that brings into issue, who really "owns" the data from a B&L auction, is it the auction house or is it the software provider.

I'm just curious as to your opinion on that part of this puzzle.

Rich

Excellent question Rich.

Wonder how many B&L bidders know/care who's the software provider...

I couldn't care less.

[glchen]

IMO, the auction house owns the data, but the software company is charging to execute the feed (or install the API code) from the auction house to VCP.

[bobfreedman]

The auction company owns the data however, it is on the internet therefore public domain information at that point (I am not sure if I am using the correct legal term). Prior to us (SimpleAuction) giving the feed to VCP, we always ask the auction company if they want THEIR information sourced to VCP.

As for charging for this information, I can understand the desire to do so (everyone is looking to add more streams of revenue) because there is ongoing maintenance and someone has to be paid for doing the initial development work. We choose not to because we have worked out an agreement with VCP.