The Welfare Implications of the European Trucks Cartel

The Welfare Implications of the European Trucks Cartel

We present a pragmatic approach to calculating the total economic loss induced by a cartel, focusing on the European trucks cartel (1997-2011). Overall, we estimate a net welfare loss up to € 15.5 bn. and an overcharge to the amount of 7.6%. Our approach builds on the theory of monopoly pricing and...

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Bibliographic Details
Published in:MAGKS - Joint Discussion Paper Series in Economics (Band 18-2018)
Main Authors: Beyer, Christian, Kottmann, Elke, von Blackenburg, Korbinian
Format: Article
Language:English
Published: Philipps-Universität Marburg 2018
Subjects:
Wirtschaft
Economics
Online Access:PDF Full Text
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MAGKS - Joint Discussion Paper Series in Economics

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