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Monopoly corrupts. Absolute monopoly corrupts absolutely.





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Warhol Foundation Accused of Creating Artificial Scarcity Of Artwork To Boost Value

An interesting lawsuit complaint as reported by CourthouseNews.com:

Andy Warhol's estate is behind an "insidious" conspiracy to monopolize the authentication and sale of the late artist's work, according to a complaint in Federal Court. Susan Shaer claims that the Andy Warhol Art Authentication Board routinely defaces authentic Warhol artworks with a "DENIED" stamp, thereby creating "artificial scarcity" and inflating the value of the art owned by the foundation.

By falsely declaring certain works as inauthentic, the board can "systematically exclude Warhol from the marketplace," Shaer says in her 43-page complaint.

Shaer says that without the board's intervention, independent sales would compete with the foundation's holdings in auctions and private sales.

Shaer says board members feel "free to abuse the authentication process in pursuit of their naked self interest."

The board's stamp of approval is necessary for anyone in the world to sell a Warhol work, which allows it to wield "disproportionate power over the Warhol market," according to the complaint.

Read more HERE.

Rather a delicious irony for those familiar with the broader message behind much of Warhol's work.


Comments

Maybe I'm missing the point... but what are they doing wrong?
I think that it is right complaint thesis help.
What is happening here is search engine optimization. All these links on againstmonopoly.org to these websites will vastly increase their pagerank, because google assumes that the more people link to you the more interesting you are. This means google will return their websites sooner than other websites, generating more traffic.

All this spam is probably a mostly automated process. The anti-spam check here is not very sophisticated. In fact, this whole website (in terms of software) seems like a 9 year-old's hobby project. I like the design and content, though.

The site should add "nofollow" to links in comments. And the captcha should be keeping out bots.
All this spam is probably a mostly automated process. The anti-spam check here is not very sophisticated. In fact, this whole website (in terms of software) seems like a 9 year-old's hobby project. I like the design and content, though. p Life keeps changing. I agree with you. There is no way to prove out your credibility if you do not try it. Bathroom interior design

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