Format:
1 Online-Ressource (17 p)
Content:
In this paper we compare the assumptions and information requirements of two common methods to pass-on effect estimation for the calculation of damages in cartel or abuse of dominance cases: the comparator and the pass-on rate methods. We note that the comparator method is feasible in some situations in which the pass-on rate method is not. Moreover, the comparator method may require fewer assumptions on the true (but unobservable) price mechanism. Where both methods are feasible, however, the pass-on rate method arguably requires less data and likely fewer control variables. Therefore, depending on the specific circumstances in a given case and the availability of data, each method has different strengths and weaknesses. A general preference for the comparator method as stated in the EU draft guidelines on pass-on estimation is thus not justified. To the contrary, in some arguably standard situations the lower data and control variable requirements of the pass-on rate method may imply that it is preferable to the comparator method
Note:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments April 30, 2019 erstellt
Language:
English
DOI:
10.2139/ssrn.3380657
