The Economics of Cartels
Finnish Competition Law Yearbook, 2006
19 Pages Posted: 28 Mar 2007
This paper sets out the basic economics of cartel formation and stability, the methods of estimating overcharges and "but for" prices, and concludes with a brief discussion of multiple damages. It draws on some evidence of cartel prosecution in Europe.
Keywords: price fixing, cartel, overcharges, cartel damages
JEL Classification: L4
Suggested Citation: Suggested Citation