What is an Online Auction Website?

I read in the newspaper about online auction forms through a specific website. Could you please clarify whether the current law provides any definitions for online auction websites? I look forward to receiving your response. Thank you.

According to Clause 11, Article 3 of Decree 52/2013/ND-CP, the provision is as follows:

An online auction website is an e-commerce website that provides a solution allowing merchants, organizations, and individuals who are not the owners of the website to conduct auctions for their goods on it.

The above is the definition of an online auction website as stipulated by law.

Respectfully!

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