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    Price fixing auction house commissions and Whistle blowers

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    Need some assistance with the following questions to be able to understand concepts, need brief explanations:

    1. Sotheby's and Christie's auction houses and/or their agents (employees) were recently charged with price fixing auction house commissions? Should the employees be penalized civilly (fined), criminally (jailed) or should they pay both civilly and criminally? http://www.usdoj.gov/atr/cases/f11300/11329.htm

    2. After the scandals at Enron, et al., is the protection for whistle blowers who might have knowledge of wrongdoing by corporate executives appropriate? Please explain. Refer to the following website:http://www.whistleblowers.org/

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    Solution Summary

    By responding to the questions, this solution addresses aspects of two concepts: price fixing auction house commissions and whistle blowers.