This Amazon patent lists Jeff Bezos as an inventor and is directed towards method and system for providing a discount at an auction. Mr. Bezos was awarded U.S. Patent 6606608 entitled “Method and system for providing a discount at an auction” on August 12, 2003. The utility patent has been cited 57 times by other U.S. patents in the field of it methods for management and in other fields.

A method and system for conducting an auction. The auction system provides a mechanism that allows the winning bidder to receive a discount from the winning bid amount when a certain discount criteria is met. The discount criteria is met when the winning bidder was the first bidder to place the bid at the auction. That is, the bidder who places the first bid will receive a discount (e.g., 10%) if that bidder is ultimately successful in winning the auction. The mechanism, tracks whether each auction is subject to a “first bidder discount” and whether the winning bidder was the first bidder. The offering of a first bidder discount and the amount of any discount may be at the discretion of the seller of the item. Link: U.S. Patent 6606608

Amazon filed this utility patent on July 19, 1999 giving it a processing time of 1485 days (compared to an average processing time of 1974 in the field). They have a total number of 158 patents. The first named inventor is Jeffrey P. Bezos of Seattle, WA. The patent was allowed by assistant examiner Richard Fults and primary examiner Frantzy Poinvil.

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