Thread: How to get ripped off by SCP Auctions & Sotheby's
View Single Post
  #161  
Old 09-11-2007, 01:08 PM
Archive Archive is offline
Administrator
 
Join Date: Mar 2009
Posts: 58,359
Default How to get ripped off by SCP Auctions & Sotheby's
Posted By: PS

If you want a citation, it's the Sherman Act, 15 U.S.C. Sec. 1 outlawing conspiracies in restraint of trade. Price-fixing is a per se offense, and I am unaware of any exemption for auction houses. If there was one one expects Sotheby's execs would not have done jail time.

Reply With Quote