News for hackers. Stuff that matters.

A comment on Open Letter from New York State Budget Director Robert Mujica Regarding Amazon. Parent comment

Re:Open Letter from New York State Budget Director Robert Mu... by inoop on Saturday February 23, 2019 @06:27PM (#19236071)
> I think there's reason to debate whether large corps should be able to hold an auction like this

It wasn't an auction. As the letter points out, each location put in a single, sealed bid, invisible to everybody else. There were no multiple rounds of bidding, as is typical for an auction.

[ Parent | on HN ]
Re:Open Letter from New York State Budget Director Robert Mu... by paulgb on Saturday February 23, 2019 @06:32PM (#19236087)
You've literally described a silent auction.

https://en.m.wikipedia.org/wiki/First-price_sealed-bid_aucti...

[ Parent | on HN ]
Re:Open Letter from New York State Budget Director Robert Mu... by inoop on Saturday February 23, 2019 @06:56PM (#19236193)
Ah, I stand corrected, thanks!
[ Parent | on HN ]
Re:Open Letter from New York State Budget Director Robert Mu... by ec109685 on Saturday February 23, 2019 @10:40PM (#19236980)
No, you mean a blind auction.
[ Parent | on HN ]
Re:Open Letter from New York State Budget Director Robert Mu... by spenczar5 on Saturday February 23, 2019 @06:34PM (#19236102)
Eh, a sealed first-price auction is still an auction. It’s fair to call it that.
[ Parent | on HN ]