Against the backdrop of a fiercely competitive international art market, the Swiss group MCH, the owner of Art Basel, is dislodging the FIAC from the Grand Palais and offering a contemporary art fair in the same niche.
Given the dynamism of Paris and the renewed interest shown by international players—several foreign galleries have arrived on Avenue de Matignon—MCH would have been wrong not to accept the RMN-Grand Palais invitation to submit a tender. Art Basel director Marc Spiegler defends the…
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