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The placing of a bid legally binds the bidder to purchase the lot at or below the bid placed, plus buyer's premium (see item 3)

Cigarettes in France can only be sold legally at a licensed tobacconist called a tabac, identified by a red diamond-shaped sign

In 2023, the global value of intangible assets owned by the worlds largest companies stood at $61.9 trillion in 2023, up from $57.3 trillion one year previously, according to the Global Intangible Finance Tracker (GIFT) report, which is published annually by Brand Finance, an independent, U.K.-based brand valuation and strategy consultancy

For the third violation within 24 months at the same premises, the licensee is liable for a civil penalty of $500