Basic Search
|
Summaries
|
Advanced SearchViolation Tracker Individual Record
Company: Sotheby's Holdings Inc.
Current Parent Company:
Sotheby's
Parent at the Time of the Penalty Announcement:
subscribe to see this data field
Penalty: $45,000,000
Year: 2000
Date: October 5, 2000
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-Scandal:
Price Fixing
Violation Description: Sotheby's Holdings Inc. agreed to plead guilty and pay a $45 million criminal fine for fixing the price of commission rates charged to sellers of art, antiques, and other collectibles at auctions.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Antitrust Division
Civil or Criminal Case: criminal
HQ Country of Current Parent: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: miscellaneous services
Specific Industry of Current Parent: auction house
Source of Data:
(click here)
Archived Source:
(click here)
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.
