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 …

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 …

non-cartelists are outside the relevant market (in the sense of a SSNIP test), provided that the cartel’s price increase … of cartels with partial market coverage should inform theories of the determinants of umbrella effects. …

cartels. …

Public and private action against cartels is an internationally recognized cornerstone of antitrust enforcement …

: subjects use costly fines as (altruistic) punishments. Leniency further increases deterrence, but stabilizes surviving cartels …. With rewards, cartels are reported systematically and prices finally fall. If a ringleader is excluded from leniency …

data set consisting of 442 firm groups that participated in 76 cartels decided by the European Commission between 2000 and …

data set consisting of 442 firm groups that participated in 76 cartels decided by the European Commission between 2000 and …

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 …