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Former Sotheby's chairman Al Taubman and former Guinness PLC chairman Anthony Tennant.
(Photo: From left, Neil Rasmus/Patrick McMullan; Alastair Grant/AP Photo)

DAY 11 Today is WednesdayFriday, June 15January 13,th and we will probe deeper into the relationship between auctions and the art market through the case of

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house and if so, what might that look like?

Readings

Listen to author Christopher Mason explain how he began covering the price-fixing conspiracy http://video.cnbc.com/gallery/?video=697473416

hear Alfred Taubman's thoughts on his meetings with Sir Anthony Tennant http://video.cnbc.com/gallery/?video=697487072; and see some of

the handwritten notes detailing the terms of the "fix" http://www.cnbc.com/id/23812895/ from CNBC's American Greed, Season 2, Episode 16,

"Soaking the Rich at Auction".

Read Orley Ashenfelter and Kathryn Graddy,"Anatomy of the Rise and Fall of a Price-Fixing Conspiracy: Auctions at Sotheby's and Christie's,"

Journal of Competition Law and Economics I (I) 3-20, 2005 http://www.econ.ucsb.edu/~tedb/Courses/Ec1F07/ashenfeltersothebychristie.pdf 

and James B. Stewart's, "Bidding War: How an Antitrust Investigation into Christie's and Sotheby's Became a Race to See Who Could Betray

Whom," the New Yorker, Anals of Law, October 15, 2001, p. 158 https://www.msu.edu/course/ec/360/george/Readings/Bidding%20War.htm

Individual Contributions

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Charles Saunders

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Day 11 - Charles Saunders
Day 11 - Charles Saunders
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Christina Chaplin

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Day 11 - Christina Chaplin
Day 11 - Christina Chaplin
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Dalanda Jalloh

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Day 11 - Dalanda Jalloh
Day 11 - Dalanda Jalloh
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Daniel Chazen

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Day 11 - Daniel Chazen
Day 11 - Daniel Chazen
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Elena Cestero

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Day 11 - Elena Cestero
Day 11 - Elena Cestero
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H. Hunt Bradley, III

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Day 11 - H. Hunt Bradley, III
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Name

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Name

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Name

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Name  

Day 11 - H. Hunt Bradley, III
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June Shin

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Day 11 - June Shin
Day 11 - June Shin
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Kelly Zona

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Day 11 - Kelly Zona
Day 11 - Kelly Zona
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Khrystyne Wilson

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Day 11 - Khrystyne Wilson
Day 11 - Khrystyne Wilson
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Kwame Nana-Atoo

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Day 11 - Kwame Nana-Atoo
Day 11 - Kwame Nana-Atoo
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Lipei Yu

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Day 11 - Lipei Yu
Day 11 - Lipei Yu
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McKenzie Sullivan

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Day 11 - McKenzie Sullivan
Day 11 - McKenzie Sullivan
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Nicholas Krislov

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Day 11 - Nicholas Krislov
Day 11 - Nicholas Krislov
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Tadd Phillips

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Day 11 - Tadd Phillips
Day 11 - Tadd Phillips

Consider & comment:
Please use this space to respond to your classmates' work and to engage in lively discussions on the day's topic. Keep your comments concise and conversational by responding to others, rebutting or supporting their ideas. Use the comment box below for these observations 
 
Consider & comment:
What did you think of today's readings and wiki features? What issues if any did they raise for you? How did the audio visual material provided support your understanding of this topic? Comment on your classmates' posts. Leave your comments in the box below.