Showing 1 - 10 of 44
While private actions for damages by customers against price-cartels receive much attention, the treatment of other … groups affected by such conspiracies is largely unresolved. This article narrows the research gap with respect to suppliers … to a downstream price cartel. First, we show that such suppliers incur losses driven by a direct quantity, a price and a …
Persistent link: https://www.econbiz.de/10010957730
While private actions for damages against price-cartels by direct and indirect customers receive much attention, it is … probably the most important one: suppliers to a downstream sellers' cartel. The paper shows graphically and analytically that … cartel suppliers are negatively affected by the conspiracy depending on three effects: a direct quantity, a price and a cost …
Persistent link: https://www.econbiz.de/10011139792
Public and private action against cartels is an internationally recognized cornerstone of antitrust enforcement …
Persistent link: https://www.econbiz.de/10010985620
The paper provides a comprehensive survey of the economics behind the fight against hard core cartels. Differentiating …
Persistent link: https://www.econbiz.de/10008756435
The paper assesses the impact of the detection of a hard-core cartel in the Swiss market for road surfacing on post-cartel competition. In addition to an investigation of supply-side factors, demand-side factors, and market prices, the paper also derives estimates of the economic effects of the...
Persistent link: https://www.econbiz.de/10008536040
data set consisting of 442 firm groups that participated in 76 cartels decided by the European Commission between 2000 and …
Persistent link: https://www.econbiz.de/10010985675
Damage compensation claims in case of cartels are supposed to increase deterrence, compensate losses and increase … efficiency. I show that such claims can instead have adverse effects: If suppliers or buyers of cartelists are compensated in … upstream cartelists who do not monopolize the market increase consumer prices. Suppliers of cartelists can be worse off when …
Persistent link: https://www.econbiz.de/10010957627
with an elevated risk of cartelization. We argue that customers of hard core cartels can have both incentives and … endeavour to fight hard core cartels. …
Persistent link: https://www.econbiz.de/10009646593
Although the pricing dynamics of hardcore cartels have been studied intensively from a theoretical perspective … increase profits. Our results have important implications for both the design of screening tools to detect cartels as part of …
Persistent link: https://www.econbiz.de/10009646613
should consider mergers as potential 'second-best' alternative to cartels but also imply that resource (re)allocations in …
Persistent link: https://www.econbiz.de/10010985664