Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-12-12-Speech-2-316"

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"en.20001212.15.2-316"2
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"Mr President, 11 out of the 15 EU countries recognise the right of resale. However, it is in force only in eight countries, and this is with varying degrees of success. The right of resale is not recognised in the legislation of Austria, the Netherlands, Ireland and the United Kingdom. Outside the European Union, neither Switzerland nor the United States recognise the right of resale. At first sight, establishing a legislative text concerning the right of resale would seem to be justified by a desire for equity and in order to benefit creative artists. In fact, the resale right does not benefit artists, quite the contrary: it hinders the market which should be dynamic and be able to grow with a minimum of restrictions. Consumer dynamics and sales potential are matters of concern to living artists who discern an increase in their market value and reassessment of their work. The resale right gives rise to complicated court cases, which are truly costly compared with the often modest sums involved, which generally do not reach the beneficiary. It entails additional administrative tasks, which serve to fuel criticism of European standards. It penalises the efforts of galleries who should be focussing on helping artists. It gives rise to fear, creates extra costs and administrative hassles for well-meaning potential buyers. And on occasion, it can lead to absurd situations: given that the right of resale is calculated on the basis of the resale price, in the event of depreciation transferring a work of art is more lucrative than actually creating one. Is it therefore necessary to extend this legislative text to the countries who do not want it – I am referring here to the United Kingdom which is currently at the top of the European art market – if to do so would be to threaten their competitiveness?"@en1

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