Christie's Restructures Fees in Wake of Federal Investigation
Issue: April 30, 2000
April 30th, 2000 Christie's Restructures Fees in Wake of Federal Investigation Christie's recently announced major changes to the fees it levies on buyers and sellers at auction. These changes were made against the backdrop of a Justice Department investigation and several class-action lawsuits filed in 1997 which claimed that the auction house had fixed rates with its archrival, Sotheby's, in the international art market.
For the full article, check out the new issue of Wine Spectator, on newsstands April 30, 2000.