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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 | Include Page |
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Christina Chaplin | Include Page |
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Dalanda Jalloh | Include Page |
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Daniel Chazen | Include Page |
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Elena Cestero | Include Page |
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H. Hunt Bradley, III | Include Page |
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June Shin | Include Page |
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Kelly Zona | Include Page |
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Khrystyne Wilson | Include Page |
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Kwame Nana-Atoo | Include Page |
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Lipei Yu | Include Page |
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McKenzie Sullivan | Include Page |
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Nicholas Krislov | Include Page |
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Tadd Phillips | Include Page |
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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.
