2min chapter

The Powers That Be: Daily cover image

Inside Art Basel & Sotheby’s Latest Shakeup

The Powers That Be: Daily

CHAPTER

Strategic Shifts at Sotheby's: Navigating the Auction Duopoly

This chapter examines Sotheby’s innovative strategies by likening them to investment firm practices, particularly the impact of an asset-light model. It delves into the potential effects on the competition with Christie's and the broader challenges and opportunities this transition may bring to the auction industry.

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