Germany has proposed a revision to its cultural protection legislation that would further restrict exports of objects more than 50 years old. While worries that it is the equivalent to state expropriation are overblown, it does indicate a mindset that is in many ways incompatible with the modern art market—even if it is only an effort to harmonize German and EU law. The struggles of Germany’s efforts to keep pace with other centers of art trade may only be compounded if this becomes law.
European Cultural Protection Laws and Export Licenses—the Atlantic Gulf Widens
Posted by
Nicholas O'Donnell on July 10, 2015 at 7:37 AM
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Topics: Legislation, Frankfurter Allgemeine Zeitung, cultural property, Roman antiquity, Germany, Cultural Protection Laws, England, Joshua Reynolds, European, Rome, 5th Amendment, Bundesländer, Italy, Monika Grütters, regulatory taking
