Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/221939 
Year of Publication: 
2020
Citation: 
[Journal:] Intereconomics [ISSN:] 1613-964X [Volume:] 55 [Issue:] 2 [Publisher:] Springer [Place:] Heidelberg [Year:] 2020 [Pages:] 120-126
Publisher: 
Springer, Heidelberg
Abstract: 
This paper presents a pragmatic approach to calculating the total economic loss induced by a cartel, focusing on the European trucks cartel (1997–2011). This comprehensible and transparent approach builds on the theory of monopoly pricing and uses the publicly available data of the infringing companies. Overall, a net welfare loss of up to 15.5 billion euro and an overcharge to the amount of up to 7.6% are estimated. This loss to society cannot be offset by fines or private damage claims and should raise awareness for antitrust policy. The findings presented are relevant for both practitioners and policymakers.
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.