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dc.contributor.authorHüschelrath, Kaien_US
dc.contributor.authorVeith, Tobiasen_US
dc.date.accessioned2012-01-26en_US
dc.date.accessioned2012-01-31T14:14:01Z-
dc.date.available2012-01-31T14:14:01Z-
dc.date.issued2011en_US
dc.identifier.urihttp://hdl.handle.net/10419/54968-
dc.description.abstractAlthough 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 cement producers to study the pricing dynamics during and after the breakdown of a German cement cartel. We find that, first, after the breakdown of the cartel, cartel members reduce net prices to a far larger extent than gross prices and that, second, noncartel members slip under the price umbrella of the cartel to increase profits. Our results have important implications for both the design of screening tools to detect cartels as part of public enforcement and the calculation of damages as part of private enforcement of competition law.en_US
dc.language.isoengen_US
dc.publisherZentrum für Europäische Wirtschaftsforschung (ZEW) Mannheimen_US
dc.relation.ispartofseriesZEW Discussion Papers 11-067en_US
dc.subject.jelL41en_US
dc.subject.jelL61en_US
dc.subject.jelK21en_US
dc.subject.ddc330en_US
dc.subject.keywordantitrust policyen_US
dc.subject.keywordcartelsen_US
dc.subject.keywordumbrella pricingen_US
dc.subject.keywordnet pricesen_US
dc.subject.keywordcementen_US
dc.subject.keywordscreeningen_US
dc.subject.keyworddamagesen_US
dc.subject.stwKonzentrationspolitiken_US
dc.subject.stwZementindustrieen_US
dc.subject.stwKartellen_US
dc.subject.stwPreisen_US
dc.subject.stwBeschaffungen_US
dc.subject.stwLieferanten-Kunden-Beziehungen_US
dc.subject.stwKartellrechten_US
dc.subject.stwRechtsdurchsetzungen_US
dc.subject.stwDeutschlanden_US
dc.titleThe impact of cartelization on pricing dynamics: Evidence from the German cement industryen_US
dc.typeWorking Paperen_US
dc.identifier.ppn684247704en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
dc.identifier.repecRePEc:zbw:zewdip:11067-
Appears in Collections:ZEW Discussion Papers
Publikationen von Forscherinnen und Forschern des ZEW

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