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The Aalsmeer flower market is almost perfectly competitive. The world's largest flower auction takes place in Aalsmeer, a small town in the Netherlands. Each week, producers sell over 100 million flowers there. In fact, over one-third of all the flowers sold in the world pass through Aalsmeer. Because the Aalsmeer market serves thousands of buyers and sellers, it is one of the best examples of a competitive market you will ever find. The supply comes from approximately 6,000 growers worldwide. More than 2,000 buyers attend the auction to purchase flowers. Aalsmeer uses a method known as a Dutch auction to determine the price for each crate of flowers sold. Most people think of an auction as a situation in which two or more individuals try to outbid each other. However, in Aalsmeer that process is reversed. As each crate of flowers goes on sale, the price on a huge board starts at 100 euros and then goes down until the lot is sold. This special kind of auction was invented here, and it is a very efficient way of getting the highest price out of the buyer who wants the lot the most