Sentence examples for powerful auction from inspiring English sources

In addition, the two most powerful auction houses in the world were faced with fines and levies totaling almost $590 million £3900 million).

Today, eBay is a powerful auction site, but it isn't even close to being the kind of equalizing marketplace that Omidyar envisioned.

The Justice Department's three-year-old inquiry centers on accusations that the world's most powerful auction houses conspired as far back as 1991 to fix the fees they charge buyers and sellers.

Sotheby's and Christie's, the world's two most powerful auction houses, swapped confidential lists of superrich clients who were spared from paying fees charged to other sellers, people close to the companies and to a federal antitrust investigation of them said.

By indicting the two former chairmen of the world's most powerful auction houses on Wednesday, prosecutors are poised to build a case against A. Alfred Taubman, the former chairman of Sotheby's who is also its largest shareholder.

Rather than the usual tug-of-war between the two powerful auction giants, this season has been marked by the appearance of a new and rich presence that has aggressively invaded Sotheby's and Christie's turf: Phillips, the sleepy, 206-year-old auction house that was bought by LVMH Moet Hennessy Louis Vuitton in October.

China would play an even bigger role if exports of antiquities were allowed.Chinese buyers are also a powerful force at auctions outside the mainland, often acquiring items they argue were looted by foreigners.

Hold sporadic auctions for powerful upgrades.

However, the House Energy and Commerce Committee chose to divide the spoils to powerful constituencies instead of auctioning 100%.

"The auction is very powerful," Mr. Fitzgerald said.

"It's such a powerful combination, owning both the strongest auction house in relation to contemporary art and being a collector.