Will Reseller Fee Kill UK Art Biz?

“In January, the U.K. will follow France and Germany in making sellers of art pay living artists a royalty, ranging from 120 euros ($149) to 12,500 euros. Art merchants must live with that, though they continue to lobby against such measures. They argue that they will be less competitive with the U.S. market, where the rule does not apply, and will be hurt by scheduled extensions to the resale rights, known in France as “droit de suite,” in 2010 to 2012.”