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This chapter sets out the principles and emerging practice governing cartel damages in the EU and UK. It identifies the … have been be used to estimate overcharges, volume effects, and duration of a cartel. A version of the chapter is to appear …
Persistent link: https://www.econbiz.de/10013212073
the number, size, and injuriousness of discovered cartels is increasing. This is particularly true for international … cartels. The number of cartel investigations has not risen appreciably. Moreover, the number of criminal Section 1 cases filed … annually fell. From 1995-99 to 2004-06 cartel cases filed fell by 49%. The number of corporations charged annually dropped …
Persistent link: https://www.econbiz.de/10014218279
cartel characteristics. International conspiracies, global cartels, and bid-rigging schemes are granted lower percentage than …
Persistent link: https://www.econbiz.de/10014051794
years. Standard analysis of cartel conduct, as well as enforcement policy, is rooted in the presumption that each cartel in … which a given firm participates is a singular activity, independent of other cartel conduct by the firm. We argue that this …
Persistent link: https://www.econbiz.de/10014112002
We analyze collusion under demand uncertainty by cartels such as OPEC that care about the utility derived from profits by citizens. When citizens are sufficiently risk averse and fixed operating costs are non-trivial, it becomes difficult for cartels to collusively restrict output both when...
Persistent link: https://www.econbiz.de/10013045808
This paper aims at highlighting the Commission's approach towards the relation between sector specific regulation and general competition law, especially concerning energy markets and the road to Internal Market objective.We firstly present Trinko case, in order to focus on two crucial and...
Persistent link: https://www.econbiz.de/10013069619
The financial organisations engaged in the electricity and natural gas markets were forced to change, due to the deregulation process. The presence of new players in the markets and changes in demand obliged the existing companies to react. This reaction was not limited to an aggressive...
Persistent link: https://www.econbiz.de/10013069698
This paper examines the controlling role of European competition law in the energy market restructuring in EU after the gradual liberalisation process of previous years and defines the application of European competition law to this framework of restructuring. The particular focus of this paper...
Persistent link: https://www.econbiz.de/10013069699
democratic mechanisms, but ensuring access to the single market. The ‘Albania Option’ would fall back on World Trade Organisation … rates for international mobile roaming would not rise, operators would almost certainly lose access to the regulated …
Persistent link: https://www.econbiz.de/10014034908