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. Effective private enforcement requires that cartel victims can receive (at least) full compensation for the harm suffered …. Academics and competition authorities support this goal with guidance for the calculation of cartel damages. However, they … several years until cartel victims obtain damages. Interest and inflation are thus two key drivers of adequate compensation …
Persistent link: https://www.econbiz.de/10010233583
development of the innovative and modern leniency policy. Following the examination of the main conditions and reasons for cartel …
Persistent link: https://www.econbiz.de/10012716596
cartel fines in 10 Member States (Belgium, Bulgaria, Croatia, Finland, France, Germany, Italy, the Netherlands, Sweden and …
Persistent link: https://www.econbiz.de/10012868781
cartel investigations can obtain immunity from fines or a reduction of fines. Leniency plays a prominent role in EU cartel …
Persistent link: https://www.econbiz.de/10014126878
This paper seeks to analyse the issues emerging from the imposition of certain antitrust remedies, such as the obligation to grant intellectual property licenses regarding key inventions covered by patent or copyright and to stipulate contracts with other firms, including competitors, as a means...
Persistent link: https://www.econbiz.de/10014189723
The present paper analyzes the interaction between the economic review of the probition of abuses of a dominant position (Article 82 EC) on the one hand and the efforts to enhance private enforcement of competition law through private damage claims on the other hand. The paper argues that...
Persistent link: https://www.econbiz.de/10013134375
Practices and conducts in professional and even amateur sports can be subject to competition laws as soon as commercial activities are involved. From an economic perspective, this implies that both directly commercial activities like the sale of broadcasting/media rights and indirectly...
Persistent link: https://www.econbiz.de/10011750292
to a downstream price cartel. First, we show that such suppliers incur losses driven by a direct quantity, a price and a … residual demand estimation that allows to quantify all determinants of cartel suppliers’ damages, thereby showing that supplier … damage claims are a viable option in practice that can contribute to full compensation and greater cartel deterrence. …
Persistent link: https://www.econbiz.de/10009787408
to a downstream price cartel. First, we show that such suppliers incur losses driven by a direct quantity, a price and a … residual demand estimation that allows to quantify all determinants of cartel suppliers’ damages, thereby showing that supplier … damage claims are a viable option in practice that can contribute to full compensation and greater cartel deterrence. …
Persistent link: https://www.econbiz.de/10010228570
Based on a sample of 64 cartels convicted by the European Commission from 1975 to 2009 and a methodology allowing to estimate restitution and dissuasive fines to be imposed on cartels from microeconomic variables on a case by case basis, this paper compares the level of fines actually inflicted...
Persistent link: https://www.econbiz.de/10014206504