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: subjects use costly fines as (altruistic) punishments. Leniency further increases deterrence, but stabilizes surviving cartels …. With rewards, cartels are reported systematically and prices finally fall. If a ringleader is excluded from leniency …
Persistent link: https://www.econbiz.de/10004976790
cartel. The central issue in the litigation was whether foreign plaintiffs injured by the cartel’s conduct abroad could bring …
Persistent link: https://www.econbiz.de/10005593415
data set consisting of 442 firm groups that participated in 76 cartels decided by the European Commission between 2000 and …
Persistent link: https://www.econbiz.de/10011076299
data set consisting of 442 firm groups that participated in 76 cartels decided by the European Commission between 2000 and …
Persistent link: https://www.econbiz.de/10010985675
-stage cartel formation experiment where multiple ringleaders may emerge. Although theory predicts that cartels will always be …
Persistent link: https://www.econbiz.de/10010487743
The paper focuses on the various methods used to quantify cartel damages, which have become more and more important as private damage suits in the aftermath of antitrust litigation increase. The approaches implementation is embedded into current legal environments with regards to the estimation...
Persistent link: https://www.econbiz.de/10010230329
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 …
Persistent link: https://www.econbiz.de/10010324143
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 …
Persistent link: https://www.econbiz.de/10010194468
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 …
Persistent link: https://www.econbiz.de/10010957627
The past and current reluctance of firms and individuals to use private enforcement suggests that there are limited incentives for self-help. The key contribution of private enforcement to overall deterrence derives from cases which would not otherwise be brought, not simply because of resource...
Persistent link: https://www.econbiz.de/10005032052