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The suit grew out of a four-year criminal antitrust investigation by the Justice Department that heated up last year when the former chief executive of Christie's provided documents detailing how officials of the two companies illegally met to set commission rates and exchange customer information.
Speculation that Sotheby's might be sold has been rife ever since Mr. Taubman, a 75-year-old real estate magnate and the majority shareholder, resigned as chairman in February amid accusations that he set commission fees with his one-time counterpart at Christie's, Sir Anthony Tennant.
Instead of taking a measly set commission from an airline, the online travel agents cut deals with merchants to get cheap prices on packages, then mark them up to consumers.
He said that there isn't a set commission percentage, that Rebag's formula varies based on customer interest.
With the publisher, 72Lux shares a 50-50 conmission on a sale, and with each retailer there is a set commission.
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We understand that you can't set commissions.
The two houses are under investigation for possibly colluding to set commissions for buyers and sellers on the billions of dollars of fine art they auction every year.
The place is less like a flat than a rather literal-minded film set, commissioned to evoke this character called Clive James.
In this reality, it would be up to hotels and airlines to set commissions (how high or if any) rather than a third-party setting them.
They are said to include memos from Mr. Davidge to Sir Anthony Tennant, Christie's former chairman, regarding secret meetings he had with Mrs. Brooks to discuss setting commissions.
"They asked us for documents I know we don't have," Mr. Spinola said, specifically citing the requests about setting commissions.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com