Calculating Cartel Damages

Research Handbook on Cartels, Peter Whelan, ed., Edward Elgar, Forthcoming

21 Pages Posted: 22 Sep 2021

See all articles by Cento Veljanovski

Cento Veljanovski

Case Associates; Institute of Economic Affairs

Date Written: August 19, 2021

Abstract

This chapter sets out the principles and emerging practice governing cartel damages in the EU and UK. It identifies the types of damages available; the issue surrounding causation, pass-on, volume effects, and mitigation; and the methods that have been be used to estimate overcharges, volume effects, and duration of a cartel. A version of the chapter is to appear in Research Handbook on Cartels, Peter Whelan, ed., Edward Elgar.

Keywords: cartel damages, overcharges, counterfactual prices, causation, pass-on, mitigation, econometrics,

JEL Classification: D4, K0, K21, L1, L4, L11, L12, L13, K14, L41, L44, N60

Suggested Citation

Veljanovski, Cento, Calculating Cartel Damages (August 19, 2021). Research Handbook on Cartels, Peter Whelan, ed., Edward Elgar, Forthcoming, Available at SSRN: https://ssrn.com/abstract=3908038 or http://dx.doi.org/10.2139/ssrn.3908038

Cento Veljanovski (Contact Author)

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