The Italian Competition Authority accepts commitments submitted by the leading auction company following an investigation into unfair practices (Sotheby’s)

The Italian branch of Sotheby's, Sotheby's S.r.l. (hereninafter SHT), sells and buys antiques, arts and collection items during public auctions. The Italian Antitrust Authority (hereinafter ICA), started investigation in March 2010, because was reported that SHT provided incomplete and deceiving information in the contract forms to consumers/clients, about the person who has to pay the so called «Diritto di seguito». This is a percentage of the price of

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Valeria Graziussi, The Italian Competition Authority accepts commitments submitted by the leading auction company following an investigation into unfair practices (Sotheby’s), 28 July 2010, e-Competitions Bulletin Commitment Decisions, Art. N° 34248

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