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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/10010307841
We use publicly available price data from the German cement industry to estimate the cartelinduced 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 various...
Persistent link: https://www.econbiz.de/10010309238
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/10010309242
Public and private action against cartels is an internationally recognized cornerstone of antitrust enforcement. 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...
Persistent link: https://www.econbiz.de/10010330310
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/10009550259
We use publicly available price data from the German cement industry to estimate the cartelinduced 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/10009550272
Persistent link: https://www.econbiz.de/10009726362
Persistent link: https://www.econbiz.de/10010415481
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/10009424160
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/10009424165