All auctions have their rules of game. If the bidder follow the rules then there is no question of Ethics.
It is grossly unfair to someone who happens to find an item of auction to his favour but he is not allowed to bid because the time remaining is less than 60 seconds from the stated auction time.
Megasam, you won the auction at a price you have voluntarily set. What is your complaint?
Do you imply that you are outraged by having to pay $120 more in the last 60 seconds?
Or do you mean that since you have put a bid then no one should bid it in the last 60 seconds?
Do you consider that there will be no ethical issue if someone put in a bid at 61 seconds before auction ends?
It is grossly unfair to someone who happens to find an item of auction to his favour but he is not allowed to bid because the time remaining is less than 60 seconds from the stated auction time.
Megasam, you won the auction at a price you have voluntarily set. What is your complaint?
Do you imply that you are outraged by having to pay $120 more in the last 60 seconds?
Or do you mean that since you have put a bid then no one should bid it in the last 60 seconds?
Do you consider that there will be no ethical issue if someone put in a bid at 61 seconds before auction ends?