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http://hdl.handle.net/10419/59521
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| Title: | | Concrete shoes for competition: The effect of the German cement cartel on market price  |
| Authors: | | Hüschelrath, Kai Müller, Kathrin Veith, Tobias |
| Issue Date: | | 2012 |
| Series/Report no.: | | ZEW Discussion Papers 12-035 |
| Abstract: | | We use publicly available price data from the German cement industry to estimate the cartelinduced price increase. We apply two different comparator-based approaches - the 'before and-after' approach and the 'difference-in-differences' approach - and especially study the impact of various assumptions on the transition period from the cartel period to the non-cartel period on the overcharge estimate. We find that the cement cartel led to price overcharges in a range from 20.3 to 26.5 percent depending on model approach and model assumptions. |
| Subjects: | | antitrust policy cartels private enforcement damages overcharge |
| Persistent Identifier of the first edition: | | urn:nbn:de:bsz:180-madoc-323151 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des ZEW ZEW Discussion Papers
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