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#1
11-16-2006, 06:36 AM
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Mastro has raised Buyer Premium to 20%
Posted By: warshawlaw
Mastro had the contractual right to raise the BP; I don't think anyone will win a debate over that question. The issue is whether it is a maneuver that was timed so as to not allow consignors discretion to not deal with them, which it undoubtedly was. Next time I consign, I will negotiate an overall cap to my commission and the BP instead of merely the commission. 
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