Bodnar, Olivia; Fremerey, Melinda; Normann, Hans-Theo; … - 2019
immunity regarding the public cartel fines, they have no or only restricted protection against private third-party damage … claims. This may stabilize cartels. We run an experiment to study this issue. Firms choose whether to join a cartel, may … claims decreases cartel formation but makes cartels indeed more stable. The overall impact of private damage claims is …