Hunold, Matthias - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2013
Damage compensation claims in case of cartels are supposed to increase deterrence, compensate losses and increase … efficiency. I show that such claims can instead have adverse effects: If suppliers or buyers of cartelists are compensated in … upstream cartelists who do not monopolize the market increase consumer prices. Suppliers of cartelists can be worse off when …