Judge backs £371m settlement of auction lawsuit

A New York judge has given tentative approval to a £371m settlement of lawsuits over price-fixing allegations at Sotheby's and Christie's auction houses.

A New York judge has given tentative approval to a £371m settlement of lawsuits over price-fixing allegations at Sotheby's and Christie's auction houses.

US District Judge Lewis Kaplan asked for some changes before he grants final approval but gave lawyers only a week to resolve the concerns.

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