Showing 1 - 10 of 19,371
Based on an analysis of cartel prosecutions since 2007, this article assesses the way the European Commission has built …
Persistent link: https://www.econbiz.de/10012940532
Standard methods for calculating cartel-damages rely on data of prices charged and quantity sold. Such data may not … easily be available. In this paper, it is shown that a lower bound for cartel-damages can also be computed from accounting … is shown under which econometrically testable assumptions on accounting costs a meaningful lower bound for cartel damages …
Persistent link: https://www.econbiz.de/10003852266
. Estimating the impact of such collusive practices" - known as the 'lysine strategy profile (LSP)" - on cartel duration is … related to cartel duration. After correction for selectivity in the decision to use the LSP, statistical tests are consistent … with a theoretic prediction that the LSP increases cartel duration. …
Persistent link: https://www.econbiz.de/10009571067
detecting and deterring cartels. As a supplementary analysis, the US leniency is studied. I discuss a dynamic model of cartel … formation and dissolution to illustrate how changes in antitrust policies and economic conditions might affect cartel duration …
Persistent link: https://www.econbiz.de/10013008337
detecting and deterring cartels. As a supplementary analysis, the US leniency is studied. I discuss a dynamic model of cartel … formation and dissolution to illustrate how changes in antitrust policies and economic conditions might affect cartel duration …
Persistent link: https://www.econbiz.de/10014184217
Although the 1996 quot;Notice on the Non-imposition or Reduction of Fines in Cartel Casesquot; has been criticised by … empirical assessment of horizontal cartel cases in the EC opened as a result of leniency applications under the 1996 notice … to each other by virtue of the same firms' involvement in more than one cartel, and all failed or ceased to operate …
Persistent link: https://www.econbiz.de/10012731655
This paper tests whether upstream R&D cooperation leads to downstream collusion. We consider an oligopolistic setting where firms enter in research joint ventures (RJVs) to lower production costs or coordinate on collusion in the product market. We show that a sufficient condition for...
Persistent link: https://www.econbiz.de/10013136218
This paper tests whether upstream R&D cooperation leads to downstream collusion. We consider an oligopolistic setting where firms enter in research joint ventures (RJVs) to lower production costs or coordinate on collusion in the product market.We show that a sufficient condition for identifying...
Persistent link: https://www.econbiz.de/10013088592
Leniency programs as a tool for cartel detection and cartel destabilization, have been implemented since the early … nineties. Theoretical work has shown that leniency programs can be eff ective in enhancing cartel detection and deterrence, but …. Empirical evidence shows that the positive e ffect on cartel deterrence seems to dominate, but cannot provide definite evidence …
Persistent link: https://www.econbiz.de/10013124525
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