here it is period point blank!
THERE DOES NOT HAVE TO BE FEELINGS IN BUSINESS. what would someone not want to take out their competitor to generate more business for themselves
Now not saying this situation at hand is ethical, but if it is legal, then there is nothing to say about it, you choose where you want to spend your money. Everyone had a right to bid on the property and this is what happened. You cannot punish the winner because the others feelings were hurt. Someone might have chosen to over pay and only time will tell if it works out, someone might have tried to pay actual value and because they did not over pay will have that money in their pocket, who knows.
the beauty of Economics and Capitalism.

- it is apart of what makes this country great!