Former Sotheby's chairman guilty of price-fixing
Article Abstract:
Former Sotheby's Chmn Alfred Taubman will be sentenced in Apr 2002 after having been found guilty of establishing a price-fixing arrangement with rival auction house Christie's. The court found that Taubman conspired with Sir Anthony Tennant, who was then his counterpart at Christie's, to determine the commission rates charged to sellers.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2001
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A bad lot?
Article Abstract:
Alfred Taubman, head of auction house Sotheby's since 1983, is to stand trial on charges of conspiring to fix prices. However, no charges have been brought against former Christie's Chairman Anthony Tennant, despite suspicions that he was also involved.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2001
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Art world braces for Sotheby's fees trial
Article Abstract:
Former Sotheby's Chmn Alfred Taubman is standing trial on charges of fixing prices with rival auction house Christie's. The US government claims that the two auction houses illegally colluded from 1993 to 1999 to fix commission rates for sellers.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2001
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