The painter known as the “Art Bastard” hit the art establishment with a US$100 million proposed class action Tuesday, February 6, accusing The Met and four other New York City museums of conspiring to artificially raise prices for some galleries’ work and restricting access to the market, reported Bloomberg.
Robert Cenedella, known as the “Art Bastard” said private collectors, galleries and auction houses play a large role in determining which works end up in museum collections, creating a system that drives up prices for a small group of select artists while shutting out others who “do not carry the imprimatur or financial cache of the contemporary artists within the closed system.”
“The system today—put in place by galleries, auction houses, and art critiques—has nothing to do with talent, development of skill, or maturation of the art world,” said Cenedella, a teacher at the Art Students League of New York who is known for satirical works that have included a painting of Santa Claus on a crucifix.
Cenedella sued the Metropolitan Museum of Art, the Whitney Museum of American Art, the Museum of Modern Art, the Solomon R. Guggenheim Museum and the New Museum of Contemporary Art, calling the group a “corporate museum cartel” that manipulates the market for its own benefit.
Full Content: Bloomberg
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
FTC Withdraws Case Against Microsoft-Activision Merger, Citing Public Interest
May 23, 2025 by
CPI
Charter to Acquire Cox Communications in $35 Billion Deal
May 22, 2025 by
CPI
FTC Targets Media Watchdog Over Alleged Collusion Against Musk’s X
May 22, 2025 by
CPI
FTC Drops Antitrust Case Accusing Pepsi of Squeezing Small Retailers
May 22, 2025 by
CPI
Shein Warns of Higher Costs for French Shoppers Amid EU Fee Proposal
May 22, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Industrial Policy
May 21, 2025 by
CPI
Industrial Strategy and the Role of Competition – Taking a Business Lens
May 21, 2025 by
Marcus Bokkerink
Industrial Policy, Antitrust, and Economic Growth: Some Observations
May 21, 2025 by
David S. Evans
Bolder by Design: Crafting Pro-Competitive Industrial Policies For Complex Challenges
May 21, 2025 by
Antonio Capobianco & Beatriz Marques
Competition-Friendly Industrial Policy
May 21, 2025 by
Philippe Aghion, Mathias Dewatripont & Patrick Legros