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Glenn Beck launches group buying site

Group buying websites, popularized in large part by Groupon and LivingSocial, is one of the hottest markets on the consumer internet right now. As a result, established businesses and entrepreneurs have flooded the space, hoping to capture a little piece of the action.

Despite the fact that online group buying is now generating billions of dollars per year in sales globally, some believe that market is overhyped and, more importantly, unsustainable.

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