I have not heard of a pig auction before, I really don't know if it exists.
They can auction a pig during an auction, but having a separate auction for only a pig, that should be illegal.
I guess the vegetarians would have made few protest in this regard.
But quite frankly, an auction for is not friendly.
It might be an auction based on seized goods by the custom, but this has to be backed by law.
An auction for anything related to pig, like pig toys, pig collars, etc. it is a better way to view it.
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