The Italian Competition Authority closes the investigation initiated in the Italian market for auction houses services with a “non-infringement” decision (Auction houses)

By its decision delivered on 23 September 2009 [1] , the Italian Competition Authority (the “ICA”) closed the proceedings that had been initiated against two leading Italian fine arts auction houses, finding that the information gathered during the investigation was unlikely to demonstrate the antitrust infringement alleged in the decision to open the proceedings [2]. More specifically, the investigation opened on 2 October 2008, was initiated following a report by the Italian Tax Police (“Guardia di Finanza”), to assess if the Italian branch of Christie's International S.A. (“Christie's”), Sotheby's Italia S.r.l. (“Sotheby's”), and the Italian auction house association -Associazione Nazionale delle Case d'Asta

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  • Bonelli Erede (Rome)

Quotation

Sara Lembo, The Italian Competition Authority closes the investigation initiated in the Italian market for auction houses services with a “non-infringement” decision (Auction houses), 23 September 2009, e-Competitions September 2009, Art. N° 29699

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