20 Pages Posted: 13 Jul 2010
Date Written: May 1, 2010
In this paper, we compare the distribution of price changes between collusive and noncollusive periods for ten major cartels. The first moments focus on previous research. We extend the discussion to the third (skewness) and fourth (kurtosis) moments. However, none of the above descriptive statistics can be considered as a robust test allowing a differentiation between competition and cartel. Therefore, we implement the Kolmogorov-Smirnov test. According to our results, 8 out of 10 cartels were successful in controlling the market price for a number of years. The proposed methodology may be used for antitrust screening and regulatory purposes.
Keywords: Cartel Detection, Collusion, Competition Policy
JEL Classification: L10, L60
Suggested Citation: Suggested Citation
von Blanckenburg, Korbinian and Geist, Alexander and Kholodilin, Konstantin A., The Influence of Collusion on Price Changes: New Evidence from Major Cartel Cases (May 1, 2010). DIW Berlin Discussion Paper No. 1004. Available at SSRN: https://ssrn.com/abstract=1639452 or http://dx.doi.org/10.2139/ssrn.1639452