Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/59521
Authors: 
Hüschelrath, Kai
Müller, Kathrin
Veith, Tobias
Year of Publication: 
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: 
Document Type: 
Working Paper

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