Auction sniping is the process of a bidder watching a timed online auction and placing a winning bid at the last possible moment (often seconds before the end of the auction), giving other bidders no time to raise their bid if they want to compete to win the item.
All Lam Employee PC Sale auctions use a snipe protection feature that adds 5 minutes to the end of an auction that has a bid in the last 5 minutes. This allows all users to get a fair chance to bid on an item.