Verboven, Frank; Dijk, Theon Van - Centrum voor Economische Studiën, Faculteit Economie … - 2007
We develop a general economic framework for computing cartel damages claims by purchaser plaintiffs. We decompose the lost profits from the cartel in three parts: the direct cost effect (or anticompetitive price overcharge), the pass-on effect and the usually neglected output effect. The pass-on...