Calculating Cartel Damages
Research Handbook on Cartels, Peter Whelan, ed., Edward Elgar, Forthcoming
21 Pages Posted: 22 Sep 2021
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: Suggested Citation