commiss decis octob relat proceed pursuant articl ec treati articl eea agreement case comp fine art auction hous notifi document number final corrigenda english text authent text eea relev ec octob commiss adopt decis final relat proceed articl ec treati articl eea agreement novemb commiss approv written procedur corrigendum version decis final corrigendum version decis final accord provis articl regul commiss herewith publish name parti main content decis regard legitim interest undertak protect busi interest confidenti version full text decis found authent languag case commiss work languag dg comp websit http europa eu int comm competit index en html summari infring addresse decis address undertak associ undertak christi intern plc sothebi hold time natur infring april last februari christi intern plc hereinaft christi sothebi hold hereinaft sothebi main world wide competitor sale commiss auction call fine art object antiqu furnitur collect memorabilia hereinaft gener refer fine art enter particip continu agreement concert practic contrari articl treati articl eea agreement relat price condit sale auction compani agre adopt ident commiss structur vendor move negoti scale vendor commiss rate replac previous negoti commiss increas vendor commiss charg refrain grant special condit seller fix term condit busi prevent restrict competit fine art auction busi introduc monitor mechan ensur agreement concert practic respect market fine art auction servic fine art object antiqu furnitur collect memorabilia commonli put sale auction limit sort item sold auction minimum good auction conduct individu collect centr theme categori merchandis period type art princip fine art auction locat hous london york regular auction held centr geneva zurich amsterdam rome milan hong kong melbourn major fine art sale plan conduct glamor exclus social event frequent wealthi individu sale arrang advanc intern quot season quot main sale tradition conduct spring autumn revenu oper incom auction hous peak fourth quarter owner good sell quot consign quot merchandis auction hous sell expertis arrang auction produc catalogu arrang advanc public good offer sale individu item call lot item form part entir collect split sale individu lot auction hous sell properti agent consignor bill buyer good purchas remit consignor moni receiv deduct commiss expens tax percent commiss charg consignor seller commonli refer quot vendor commiss quot quot seller commiss quot commiss calcul quot hammer price quot price merchandis knock final bidder person bui auction charg percentag hammer price quot buyer premium quot function cartel april onward christi sothebi enter common plan aim restrict competit number competit paramet foremost relat condit applic seller includ condit buyer element element plan modifi enhanc high level manag meet year last februari detail agreement concert practic christi sothebi contain element vendor agre introduc quot slide scale quot vendor commiss agre term applic scale includ make scale negoti except save agre scale agre modal time introduct agre monitor adher scale exchang list permit except order monitor implement agreement deter discuss deviat agre give vendor auction guarante minimum price agre formula share vendor quot upsid quot benefit good sold guarante price agre make advanc vendor singl lot agre concert term condit advanc auction sale agre minimum interest rate loan agre limit commiss paid trade vendor dealer restrict practic provid insur trade vendor agre limit payment introductori commiss buyer premium case vendor commiss buyer agre limit credit term trade buyer dai element agre limit market effort avoid claim statement market share claim quot leadership quot art market segment order implement modifi agreement requir parti concert exchang inform regular meet telephon contact subject matter auction vendor dealer buyer give rise encourag competit conflict endang agreement compet ii fine basic amount fine graviti infring take account natur behaviour scrutini actual impact fine art auction market fact cover common market creation eea commiss consid undertak concern decis commit infring articl ec treati eea agreement natur infring cartel constitut deliber infring articl ec eea full knowledg illeg action particip combin set secret institutionalis illeg scheme design prevent competit import fine art auction hous infring consist price fix practic natur worst kind violat articl ec treati eea agreement cartel arrang involv conceiv direct encourag highest level particip compani natur lead import distort competit exclus benefit compani particip cartel highli detriment custom impact infring eea infring commit import undertak market fine art auction appli sale eea common plan increas revenu implement compani high market share compani involv fact agreement cover sale eea compani actual impact eea market size relev geograph market purpos calcul graviti commiss consid entireti commun creation eea affect cartel commiss set start amount fine undertak eur million durat infring commiss consid durat account april februari durat infring compris period year month result infring classifi long durat lead increas amount establish graviti basi commiss set basic amount fine christi eur million sothebi eur million aggrav attenu circumst commiss separ aggrav attenu circumst appli case applic turnov limit amount calcul sothebi exce worldwid turnov year prior decis basic amount sothebi limit eur million articl regul applic quot lenienc notic quot applic lenienc made year lenienc notic applic lenienc notic appli case oppos revis lenienc notic adopt imposit fine substanti reduct amount section christi inform commiss exist cartel adduc decis evid cartel disclos time disclosur inform commiss undertaken investig possess suffici inform establish exist cartel christi end involv cartel confirm commiss contact sothebi take place relat report conduct issu public announc vendor commiss scheme dai submit evid commiss continu cooper commiss determin compel sothebi part cartel plai compar particip sothebi determin role cartel commiss consid christi meet relev condit set section lenienc note signific reduct fine section commiss note sothebi fulli cooper commiss investig provid commiss inform evid materi contribut establish exist infring materi contest fact commiss base alleg admit exist number element infring commiss decis sothebi meet condit section indent notic conclus applic lenienc notic conclus regard natur cooper light condit set lenienc notic commiss grant addresse decis reduct respect fine christi sothebi decis fine impos christi intern plc eur million sothebi hold eur million undertak list immedi bring infring end refrain repeat act conduct infring found case adopt measur equival object effect oj regul amend regul ec oj slide scale mean percentag charg seller commiss sale chang threshold practic higher price obtain consign lower percentag seller pai commiss notic imposit reduct fine cartel case oj