Showing 1 - 5 of 5
This paper examines cartel overcharges for the European market. Using a sample of 191 overcharge estimates and several … parametric and semi-parametric estimation procedures, the impact of different cartel characteristics and the market environment ….37 percent of the selling price and the average cartel duration is 8.35 years. Certain cartel characteristics and the geographic …
Persistent link: https://www.econbiz.de/10009572459
We investigate the impact of cartel breakdowns on merger activity. Merging information on cartel cases decided by the … average number of all merger transactions increase by up to 51 percent when comparing the three years before the cartel … even more – by up to 83 percent – after the cartel breakdowns. Our results not only suggest that competition authorities …
Persistent link: https://www.econbiz.de/10009751721
to a downstream price cartel. First, we show that such suppliers incur losses driven by a direct quantity, a price and a … residual demand estimation that allows to quantify all determinants of cartel suppliers’ damages, thereby showing that supplier … damage claims are a viable option in practice that can contribute to full compensation and greater cartel deterrence. …
Persistent link: https://www.econbiz.de/10009787408
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 … recent case law and the forthcoming Damages Directive, allows for approving cartel supplier damage claims. We argue that this …
Persistent link: https://www.econbiz.de/10010468358
to a downstream price cartel. First, we show that such suppliers incur losses driven by a direct quantity, a price and a … residual demand estimation that allows to quantify all determinants of cartel suppliers’ damages, thereby showing that supplier … damage claims are a viable option in practice that can contribute to full compensation and greater cartel deterrence. …
Persistent link: https://www.econbiz.de/10010228570