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A federal grand jury in New York indicted the former chairmen of Sotheby's Holdings Inc. and Christie's International, the world's two largest auction houses, on charges of conspiring to fix auction commission rates charged to sellers. The Justice Department said the two auction houses engaged in a six-year conspiracy and charged U.S. sellers at least $400 million in commissions.
May 02, 2001 at 12:00 AM
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The original version of this story was published on Law.Com
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