breakdown of a German cement cartel. We find that, first, after the breakdown of the cartel, cartel members reduce net prices to … a far larger extent than gross prices and that, second, noncartel members slip under the price umbrella of the cartel to … transactions from 36 smaller and larger customers of German cement producers to study the pricing dynamics during and after the …

breakdown of a German cement cartel. We find that, first, after the breakdown of the cartel, cartel members reduce net prices to … a far larger extent than gross prices and that, second, noncartel members slip under the price umbrella of the cartel to … transactions from 36 smaller and larger customers of German cement producers to study the pricing dynamics during and after the …

price. In the case of the German cement cartel that operated over 1991-2002, the primary source of non-cartel supply was … imports from Eastern European cement manufacturers. Industry sources have claimed that the cartel sought to control imports by … account of the option of bribing intermediaries. The theory predicts that the cement cartel members are more likely to share …

hypothesis is then taken to the German cement cartel of 1991-2002. We argue that Readymix was such a discontent cartel member and …We hypothesize a particular source of cartel instability and explore its relevance to understanding cartel dynamics …. The cartel instability is rooted in the observation that, upon cartel formation, the relative positions of firms are often …

cement producers to study the value of such transaction data for an estimation of cartel damages. In particular, we … investigate, first, how structural break analysis can be used to identify the exact end of the cartel agreement and, second, how … an application of before-and-after approaches to estimate the price overcharge can benefit from such rich data sets. We …

period on the overcharge estimate. We find that the cement cartel led to price overcharges in a range from 20.3 to 26 …We use publicly available price data from the German cement industry to estimate the cartelinduced 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 …

price competition and coordination in a theoretical model and find that when firms compete, they more often serve more … distant customers that are closer to plants of competitors. By means of a rich micro-level data set of the cement industry in … Germany, we provide empirical evidence in support of this result. Controlling for other potentially confounding factors, such …

Germany, we study a cartel breakdown to identify the effect of competition on transport distances. Our econometric analyses … price competition and coordination in a theoretical model and find that when firms compete, they more often serve more … of overcapacity, but not if they coordinate their sales. Using a rich micro-level data set of the cement industry in …