Dutch auctions are ALMOST like fixed price sales. Once in a while an item or two on your Dutch auction will go over the starting bid but rarely.
A reserve-price - buy-it-now, auction rarely goes over the buy-it-now price. But the buy-it-now feature
remains throughout all low bids until the reserve price is met. The reserve price is usually the buy-it-now price, so low bidders can play and bid.
The AP story above made no reference to reserve-price with buy-it-now.
I'm spending way too much time on ebay! :-(
Can you do a buy-it-now dutch auction? 50 widgets on a dutch auction. I bid on 49 of em at $1.10ea but you buy all of em at $1.00ea? Isn't that's what buy-it-now dutch would do? Or can I buy my quantity through buy-it-now and leave the rest?
Don't sound right. Never saw that.
But I've often seen dutch auction go way way over reserve or starting bid.