While customer damage claims against price-cartels receive much attention, it is unresolved to what extent other groups that are negatively affected may claim compensation. This paper focuses on probably the most important one, suppliers to a downstream sellers' cartel. The paper first...

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...

Public and private action against cartels is an internationally recognized cornerstone of antitrust enforcement. Effective private enforcement requires that cartel victims can receive (at least) full compensation for the harm suffered. Academics and competition authorities support this goal with...

The alleged manipulation of the London Interbank Offered Rate (LIBOR) by large number of banks is currently under investigation by regulators in Europe and the US. Various lawsuits are adding to the evidence of LIBOR rigging that first emerged from a settlement between Barclays Bank and the...

Cornering cases are well documented in commodities and securities markets. The German and European Legislator is seeking to combat them through strict rules on market manipulation. However, cornering can also violate competition law, in particular the ban on abuse of dominant position. This...

German competition law has been witnessing a long-standing discussion on how and to what extent non-economic goals can and should play a role in the application of the German Act against Restraints of Competition (GWB). Recently, this discussion has centered on sustainability as a partly...

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 on the magnitude of overcharges is analyzed. The...