Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: Christie's Inc.
Penalty: $256,000,000
Year: 2001
Date: April 13, 2001
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-Scandal: Price Fixing
Violation Description: Sotheby's and Christie's agreed to pay a total of $412 million in cash and $100 million in discount certificates to settle litigation alleging that the two auction houses engaged in price fixing. Court documents did not specify how much each would pay. Here we assume they divided the total equally between them.
Level of Government: federal
Action Type: private litigation
Court: Southern District of New York
Civil or Criminal Case: civil
Case ID: 1:00-cv-00648
Case Name: In re Auction Houses Antitrust Litigation
Private Lawsuit Resolution Type: settlement
Source of Data: (click here)
Link to PACER Case Docket (must be logged in): (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.