Patent ID: 8775267

Claim:
A collaborative bargaining system comprising: a database, including hardware, that physically stores a case profile; a case interest block, the case interest block placing potential buyers of an item into an interest group for the item when the potential buyers of the item indicate to the collaborative bargaining system an interest in purchasing the item, the item being described in the case profile; a case bidding block that receives bids from sellers of the item, each bid consisting of a price per item based on a minimum quantity of items to be sold; an exclusive selling time block, executed by a computer, that awards one seller of the item a time limited exclusive opportunity for the one seller, exclusive of other sellers, to obtain from the potential buyers in the interest group a commitment to buy the minimum quantity of items at the price per item as bid by the one seller; and a case close block that closes sales of the item when the one seller obtains from the potential buyers in the interest group the commitment to buy the minimum quantity of items at the price per item as bid by the one seller.