We develop a general economic framework for computing cartel damages claims by purchaser plaintiffs. We decompose the lost profits from the cartel in three parts: the direct cost effect (or anticompetitive price overcharge), the pass-on effect and the usually neglected output effect. The pass-on...

This mini-symposium takes stock of practical advances in competition damage evaluation. Combining perspectives from competition authorities, academics and practitioners respectively, it shows the existence of common principles and a set of widely accepted methods to calculate damages that may...