{
  "$type": "site.standard.document",
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    "uri": "at://did:plc:qmauiky5tnbiylsp3fkxtrx6/app.bsky.feed.post/3mhf7zedhjco2"
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  "path": "/art-news/market/auctions-houses-middle-market-competition-art-1234777686/",
  "publishedAt": "2026-03-18T17:30:00.000Z",
  "site": "https://www.artnews.com",
  "tags": [
    "ARTnews",
    "Market",
    "Bonhams",
    "Heritage Auctions",
    "On Balance"
  ],
  "textContent": "The problem that auction houses are facing for works under $1 million is squeezed margins, as overhead rises and sellers demand more of the profits.",
  "title": "Competition in the Auction Business’s Middle Market is Fierce, and Growing Fiercer"
}