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Art Basel introduces new booth pricing structure to subsidise younger galleries. Dealers say it is a ‘step in the right direction’ but acknowledge there is a long way to go to redress the balance.

The cost of participating in art fairs for small and mid-sized dealers has long been a point of contention, leading David Zwirner to suggest at a conference in April that top galleries like his should pay higher prices to subsidise smaller galleries’ booths.

Now Art Basel is taking steps to ease some of the burden by introducing a sliding scale for stands in its main galleries section. MORE ON THE ARTNEWSPAPER.COM

LEES OOK JMG JONGMA OVER DE TELOORGANG VAN DE EXPERIMENTELE GALERIE IN HAAR TEKST ‘ZIJ WAREN GALERISTEN’. NU IN METROPOLIS M Nr 4-2018