VERBOVEN, FRANK; THEON <smallcapitals>van<; … - In: Journal of Industrial Economics 57 (2009) 3, pp. 457-491
We develop a general framework for computing cartel damages claims. We decompose a direct purchaser plaintiff's lost profits in three parts: the price overcharge, the pass-on effect and the output effect. The output effect is usually neglected: it is the lost business resulting from passing on...