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(Case Code: BECG060) click on the button  below, and select the case from the list of available cases:
 
 
  
 
	
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 This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.
 
 
 
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| Case Details: | Price: |  
						| Case Code | : | BECG060 | For delivery in electronic format: Rs. 300; For delivery through Shipping & Handling Charges extra: Rs. 300 +Shipping & Handling Charges extra
 ThemesBusiness Ethics |  
						| Case Length | : | 15 Pages |  
						| Period | : | 2000 - 2005 |  
						| Pub. Date | : | 2006 |  
						| Teaching Note | : | Not Available |  
						| Organization | : | Christie's Inc. |  
						| Industry | : | Auctioning |  
						| Countries | : | United Kingdom, USA | 
 Abstract:
					
						| Christie's Inc. is a major player in the business of auctioneering. 
		Since its inception in 1766, the auction house has Auctioning into 
		almost all categories of auctioneering. It also has entered areas like 
		real estate and financing. 
 The case deals primarily with the ethical 
		issues confronting Christie's. The case gives an account of the 
		anti-trust suits that were filed against the auction house. The case 
		also throws light on the cut-throat competition among auctioneers in the 
		top-end market.
 
 The case ends with a description of the various 
		controversies - the issue of selling stolen art, not disclosing the 
		holders of Nazi loot, etc - that Christie's has faced in recent times.
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 |  Issues:
» Price-fixing deal between the two largest auction houses in the world
 » Business practices followed in auction houses
 
 » Importance of ethics in the management of business
 
 » The issues and concerns in the business of auctioneering
 
 » The importance of instilling a culture that favors ethical behavior
 Contents:Keywords:Christie's Inc, Sotheby's Holdings, Inc, Anti-trust Laws, Unfair Trade 
		Practices, US Department of Justice, Sir Anthony Tennant, Alfred Taubman, 
		Diana D. Brooks, Christopher Davidge, Hammer price, European Commission, 
		Price-fixing, Auction House, Supreme Council of Antiquities, Council of 
		Europe 
Ethical Issues at Christie's
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