Then there's security. Potential participants worry about their competitive positions in the marketplace. For companies to participate in public exchanges, they need rock-solid assurances that their intellectual property will be protected. Creating an exchange with a security system that protects a company's anonymity, while validating transaction participants, is difficult but possible. In addition, governance issues and unique process requirements for specific niche industries might slow down the adoption of large, public exchanges.
Governments have concerns as well about collusion and price fixing.
For example, Covisint had to go through a lengthy government-approval process in both the United States and Germany. Which path an exchange takes depends on the industry and its participants. The bottom line is that participating in a marketplace reflects a fundamental change in a company's point of view. The entire staff of Network Computing extends their thoughts and prayers to the victims of this nationwide tragedy, their families and friends. Our support also goes to everyone working in the recovery efforts.