French auction watchdog sounds the alert over global competition and EU policy
France’s share of the global auction market fell by 5.8 per cent in 2006, warns the Conseil des Ventes, the national auction watchdog, in its annual report published on June 25. Worldwide auction activity, it says, rose 34 per cent over the same period.
The figures, which include sale totals at Sotheby’s and Christie’s, do not show a decline in revenue…