China's would-be eBay, an online auctioneer called Eachnet.com, has bought a mobile telephone distributor in Shanghai.

Living up to his company's slogan, Richard S. Braddock, chairman of Priceline.com, the online auctioneer, named his own price - and scored a bargain.

Shares of FreeMarkets, an online auctioneer for industrial products, jumped 483 percent from its initial price of $48, to $280, on its first day of trading.

The stock of FreeMarkets, an online auctioneer for industrial products, jumped $232, or 483 percent, yesterday, to $280 a share, from its initial price of $48 a share.

He cited QXL.com, a London-based online auctioneer much like eBay.

Many are selling unwanted holiday gifts on eBay, the large online auctioneer.

State and federal authorities have brought civil and criminal charges involving shill bidding against online auctioneers selling goods including computers, artwork and automobiles.

In response, Onsale.com, a struggling online auctioneer, merged with Egghead to form Egghead.com in 2000.

The online auctioneer allows surfers to buy and sell goods via its site.

Antonio C. Amador, the United States marshal for the Eastern District of California, said his office would be responsible for finding an online auctioneer.