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 …

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 …

on average significantly lower in cartel years than in non-cartel years. …

Germany, we study a cartel breakdown to identify the effect of competition on transport distances. Our econometric analyses …

on average significantly lower in cartel years than in non-cartel years. …

The paper assesses the impact of the detection of a hard-core cartel in the Swiss market for road surfacing on post-cartel … derives estimates of the economic effects of the decision. The results indicate that the detection of the cartel may have led …

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 …

-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 …