Showing 1 - 10 of 1,096
We hypothesize a particular source of cartel instability and explore its relevance to understanding cartel dynamics …. The cartel instability is rooted in the observation that, upon cartel formation, the relative positions of firms are often … fixed which may lead some growthconscious members to be discontent. This incongruity between a cartel member’s allocated …
Persistent link: https://www.econbiz.de/10010424815
cement producers to study the value of such transaction data for an estimation of cartel damages. In particular, we … investigate, first, how structural break analysis can be used to identify the exact end of the cartel agreement and, second, how … conclude that transaction data allows such a detailed assessment of the cartel and its impact on direct customers that its …
Persistent link: https://www.econbiz.de/10009550259
-in-differences’ approach – and especially study the impact of various assumptions on the transition period from the cartel period to the non-cartel … period on the overcharge estimate. We find that the cement cartel led to price overcharges in a range from 20.3 to 26 …
Persistent link: https://www.econbiz.de/10009550272
Theory predicts a positive relationship between market concentration and profitability in most scenarios. In empirical work, however, this relation is frequently not found or only a weak connection is observed. We compare the performance of concentration and market share variables, which are...
Persistent link: https://www.econbiz.de/10003751796
on registered horizontal cartels to learn about their inner working. Applying content analysis to legally binding cartel …
Persistent link: https://www.econbiz.de/10011393136
of cartel investigations by the European Commission (EC). We use a data set consisting of 579 firms groups convicted by … file an appeal. Based on the estimation of a model of the firm's decision to appeal in the presettlement era, we … undisputed key contribution of a faster and more efficient handling of cartel investigations by the EC. …
Persistent link: https://www.econbiz.de/10011419416
undertake a cross-country comparison for Austria, Germany, Poland and Norway, providing narrative evidence for many traits of …
Persistent link: https://www.econbiz.de/10011334610
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
registration with the Austrian Cartel Court. We obtained access to the registration data, and scanned them all towards a …
Persistent link: https://www.econbiz.de/10010458226
A challenge for many cartels is avoiding a destabilizing increase in non-cartel supply in response to having raised … price. In the case of the German cement cartel that operated over 1991-2002, the primary source of non-cartel supply was … imports from Eastern European cement manufacturers. Industry sources have claimed that the cartel sought to control imports by …
Persistent link: https://www.econbiz.de/10011443774