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The ministerial proposal for a 10th amendment of the German competition law particularly addresses abuse control and seeks to tighten this pillar of competition policy against the background of the challenges from the digital economy. Next to extending the classic policy instruments of abuse...
Persistent link: https://www.econbiz.de/10012229920
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 …
Persistent link: https://www.econbiz.de/10010424815
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 … public enforcement and the calculation of damages as part of private enforcement of competition law. -- Antitrust policy …
Persistent link: https://www.econbiz.de/10009424160
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 …
Persistent link: https://www.econbiz.de/10011443774
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 … endeavour to fight hard core cartels. -- Business economics ; procurement ; antitrust policy ; cartels ; detection ; screening …
Persistent link: https://www.econbiz.de/10009424165
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 …
Persistent link: https://www.econbiz.de/10013105169
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 …
Persistent link: https://www.econbiz.de/10013107366
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 …
Persistent link: https://www.econbiz.de/10013044258
court cases - the paper wholesaler cartel decision of 2007 and the cement cartel decision of 2009. We characterise the trade …
Persistent link: https://www.econbiz.de/10008699780
court cases - the paper wholesaler cartel decision of 2007 and the cement cartel decision of 2009. We characterise the trade …
Persistent link: https://www.econbiz.de/10013094856