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 …

breakdown of a German cement cartel. We find that, first, after the breakdown of the cartel, cartel members reduce net prices to … a far larger extent than gross prices and that, second, noncartel members slip under the price umbrella of the cartel to …

Cartel detection is usually viewed as a key task of either competition authorities or compliance officials in firms … price screen would have allowed particularly larger customers to detect the upstream cement cartel before the competition …

We use publicly available price data from the German cement industry to estimate the cartel-induced price increase. We …-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 …

breakdown of a German cement cartel. We find that, first, after the breakdown of the cartel, cartel members reduce net prices to … a far larger extent than gross prices and that, second, noncartel members slip under the price umbrella of the cartel to …

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 growth-conscious members to be discontent. This incongruity between a cartel member's allocated …

court cases - the paper wholesaler cartel decision of 2007 and the cement cartel decision of 2009. We characterise the trade …