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New York Opts for Deregulation

Published on , by Vincent Noce

New York has surprised the art market by ditching the few rules that were in place.

© Sotheby's New York Opts for Deregulation

© Sotheby's

With a law that eases formalities for coffee shops, laundries, plumbers, coal-sellers and minced-meat vendors, New York has eliminated the regulation of auctions. The measure originated at the peak of the pandemic to help small businesses, but in this case,…
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