You are right. I only want to point out that self interest activity is not sustainable if everyone does it. That's what makes this all painfully.... Hum. I don't have a word for it.
But I don't think that's a reason to simply give up on calling out the behavior. Being silent is worse than being predictably against certain behavior.
And also I am holding my breath here a bit because I don't know the details of this new fangled bid bot. I imagine it's an inch better than the status quo though.