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New Rules Threaten UK Online Art Market

VISUAL Posted: January 9, 2014 7:26 am

“Under EU law, buyers already have the right to cancel purchases made through a website or outside the seller’s business premises where the buyer is not able to inspect the goods before the sale. Until now, auctions—whether conducted in the saleroom or online—were excluded as it was thought the right to cancel would encourage irresponsible bidding and could leave auction houses vulnerable to covering costs.”

VISUAL Published: 01.08.14

Read the story in The Art Newspaper Published: 01.08.14

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