You keep telling yourself that they are in any way ethical. They are not. Letting people get it "if they spend the retail value" is hardly generous or benevole

You keep telling yourself that they are in any way ethical. They are not. Letting people get it "if they spend the retail value" is hardly generous or benevolent. Other people will have also spent a bunch of money, and if you haven't already spent a ton of money and the total spent on the auction will be outrageous. Never mind that if you don't spend the retail amount, you're just out money for nothing. Unlike a legitimate auction site where if you don't win the auction you don't spend anything.