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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izdano v:MAGKS - Joint Discussion Paper Series in Economics (Band 18-2018)
Autoren: Beyer, Christian, Kottmann, Elke, von Blackenburg, Korbinian
Format: Artikel
Jezik:angleščina
Izdano: Philipps-Universität Marburg 2018
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MAGKS - Joint Discussion Paper Series in Economics