Can you tell me what industry auction is popular now?

Auction is a way to buy and sell specific goods or property rights to the highest bidder in the form of public bidding.

The so-called public bidding refers to the public trading activities in which citizens, legal persons and other organizations voluntarily participate and decide whether to bid according to the auctioneer's bid. When other bidders bid, they can bid higher than others again. Until someone bids three times by the auctioneer, and no one bids again, the auctioneer confirms the auction by dropping the hammer or other public means.

Auction, also known as "bidding", refers to a way of buying and selling specific goods or property rights to the highest bidder in the form of open bidding through intermediary organizations. From the perspective of economics, auction belongs to the category of commodity circulation. Auction is a kind of commodity exchange behavior with money as the medium, a part of the four elements of social reproduction-production, distribution, exchange (circulation) and consumption, and an inevitable product and component of social division of labor and socialized mass production. From the legal point of view, auction is an act of concluding a bidding contract on the basis of equality, justice and openness of the subjects. This kind of contract is carried out through competitive contracting, which embodies the characteristics of maximizing the seller's value. As a legal act of competitive contracting, auction is not the same as other contracts (such as contracts), but its legal effect is the same as other contracts. In other words, the conclusion of the auction means the establishment of the contract, and both buyers and sellers have to bear the corresponding civil rights and obligations. If there is a breach of contract, they will bear civil liability. In the legal relationship of auction, there is no situation that one party's legal status is higher than the other. As long as the buyer bids legally and voluntarily, it is possible to buy what he wants. Once he bids the highest price, he will get the right to receive the auction target and agree to pay the price at the highest price.