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recovery of antitrust damages to direct purchasers. However, antitrust damages are typically (in part) passed on to … collusion. It allows an upstream cartel to shield itself from private damage claims by forwarding a share of cartel profits to … private damages. The cartel can achieve this by rationing inputs at low prices. Several U.S. antitrust cases show symptoms of …
Persistent link: https://www.econbiz.de/10011343268
the participants of these cartels in a number of antitrust jurisdictions. There is empirical evidence suggesting that …
Persistent link: https://www.econbiz.de/10012724686
advantage. We examine the effect of an antitrust policy that prohibits both platforms (symmetric regulation), or just the …
Persistent link: https://www.econbiz.de/10013291496
This chapter sets out the principles and emerging practice governing cartel damages in the EU and UK. It identifies the types of damages available; the issue surrounding causation, pass-on, volume effects, and mitigation; and the methods that have been be used to estimate overcharges, volume...
Persistent link: https://www.econbiz.de/10013212073
We examine the relation between consumer search and equilibrium prices when collusion is endogenously determined. We …
Persistent link: https://www.econbiz.de/10012007152
with both the body of economic research on bidder collusion and with the antitrust jurisprudence on information exchange … antitrust law. Recent theoretical research conjectures that, in an SSO, patent owners can “hold up” patent users in the sense of … conjecture, actual SSOs have recently sought no-action letters from the Antitrust Division for a variety of amendments to SSO …
Persistent link: https://www.econbiz.de/10014047937
Estimates of average cartel duration and the annual probability of cartel death are based on data for discovered cartels. It is recognized that these estimates could be biased because the population of discovered cartels may not be a representative sample of the latent population of cartels....
Persistent link: https://www.econbiz.de/10014140645
-agent learning processes, suggesting that algorithmic collusion may not be an immediate concern for antitrust authorities …
Persistent link: https://www.econbiz.de/10014344267
facilitates upstream collusion. These findings have important implications for antitrust policy and market regulation …Successful upstream collusion must satisfy both the incentive constraint (keeping cartel members in line) and the … compensation reduces the harm of upstream collusion to social welfare and consumer surplus, a small amount of compensation …
Persistent link: https://www.econbiz.de/10014348880
collusion. In the limit, when all shareholders are completely diversified, the firms act as if they were owned by a single …
Persistent link: https://www.econbiz.de/10013111678