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Cartel detection is usually viewed as a key task of either competition authorities or compliance officials in firms with an elevated risk of cartelization. We argue that customers of hard core cartels can have both incentives and possibilities to detect such agreements on their own initiative...
Persistent link: https://www.econbiz.de/10014041815
We use a unique private data set of about 340,000 invoice positions from 36 smaller and larger customers of German 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...
Persistent link: https://www.econbiz.de/10013105068
We use publicly available price data from the German cement industry to estimate the cartel-induced price increase. We apply two different comparator-based approaches – the ‘before-and-after' approach and the ‘difference-in-differences' approach – and especially study the impact of...
Persistent link: https://www.econbiz.de/10013105169
Although the pricing dynamics of hardcore cartels have been studied intensively from a theoretical perspective, empirical evidence is still rare. We combine publicly available data with a unique private data set of about 340,000 market transactions from 36 smaller and larger customers of German...
Persistent link: https://www.econbiz.de/10013107366
This paper investigates whether the local infrastructure favours entrepreneurial activities. Besides the physical and knowledge infrastructure we take into account a county's broadband availability by building an index which accounts for county-related specificities. We find that broadband...
Persistent link: https://www.econbiz.de/10013066760
The literature on vertical integration in markets with regulated upstream prices suggests that the integrated upstream firm might engage in non-price discrimination. Several studies provide policy recommendations derived either from case study approaches or based on theoretical modeling which...
Persistent link: https://www.econbiz.de/10013111884
In German electricity submarkets for residential customers standard contracts offered by former monopolists are the more costly option for customers who have not switched to an alternative contract yet. As most German households are served with this contract type we follow the Limit Pricing...
Persistent link: https://www.econbiz.de/10013111885
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