Why not have it so that if an individual lot had no additional bidding for let's say even one hour (instead of 15 minutes), or even 2 hours, then that lot should close? If there is no activity for an extended period of time, then why shouldn't that lot close?
I mean why even have an ending time if you have 2000 lots and every time someone bids in that 15 minute period the entire auction continues?
Again, I understand it's all about maximizing $$, but this is pretty ridiculous.
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