Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/54968 
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dc.contributor.authorHüschelrath, Kaien
dc.contributor.authorVeith, Tobiasen
dc.date.accessioned2012-01-26-
dc.date.accessioned2012-01-31T14:14:01Z-
dc.date.available2012-01-31T14:14:01Z-
dc.date.issued2011-
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
dc.language.isoengen
dc.publisher|aZentrum für Europäische Wirtschaftsforschung (ZEW) |cMannheimen
dc.relation.ispartofseries|aZEW Discussion Papers |x11-067en
dc.subject.jelL41en
dc.subject.jelL61en
dc.subject.jelK21en
dc.subject.ddc330en
dc.subject.keywordantitrust policyen
dc.subject.keywordcartelsen
dc.subject.keywordumbrella pricingen
dc.subject.keywordnet pricesen
dc.subject.keywordcementen
dc.subject.keywordscreeningen
dc.subject.keyworddamagesen
dc.subject.stwKonzentrationspolitiken
dc.subject.stwZementindustrieen
dc.subject.stwKartellen
dc.subject.stwPreisen
dc.subject.stwBeschaffungen
dc.subject.stwLieferanten-Kunden-Beziehungen
dc.subject.stwKartellrechten
dc.subject.stwRechtsdurchsetzungen
dc.subject.stwDeutschlanden
dc.titleThe impact of cartelization on pricing dynamics: Evidence from the German cement industry-
dc.typeWorking Paperen
dc.identifier.ppn684247704en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:zewdip:11067en

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