Archive for December, 2007
Sotheby’s and Christie’s, Colluding Again
Friday, December 21st, 2007Only the Sotheby’s/Christie’s duopoly can do it, and nobody dares make a comment on the possibility of some sort of mutual manipulation of the market by them. I am referring to auction house guarantees, which caused a bit of a public shock when Sotheby’s supposedly took a bath on their sale of impressionist and modern [...]