The Influence of Collusion on Price Changes: New Evidence from Major Cartel Cases

Blanckenburg Korbinian von, Konstantin Kholodilin () and Geist Alexander
Additional contact information
Blanckenburg Korbinian von: University of Muenster, Institute of Public Economics,Münster, Germany
Geist Alexander: Federal Institute for Public Administration,Speyer, Germany

German Economic Review, 2012, vol. 13, issue 3, 245-256

Abstract: In this article, we compare the distribution of price changes between collusive and non-collusive periods for 11 major cartels. Based on the theoretical and empirical results from previous research, we discuss the four moments with respect to price changes (mean, variance, skewness and kurtosis). However, none of the above descriptive statistics can be considered as a robust test allowing a differentiation between competition and cartel. Therefore, we implement the Kolmogorov-Smirnov test. According to our results, 9 of 11 cartels were successful in controlling the market price for a number of years. The proposed methodology may be used for antitrust screening and regulatory purposes.

Keywords: Cartel detection; collusion; competition policy (search for similar items in EconPapers)
Date: 2012
References: Add references at CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://doi.org/10.1111/j.1468-0475.2011.00558.x (text/html)
For access to full text, subscription to the journal or payment for the individual article is required.

Related works:
Journal Article: The Influence of Collusion on Price Changes: New Evidence from Major Cartel Cases (2012)
Working Paper: The Influence of Collusion on Price Changes: New Evidence from Major Cartel Cases (2010)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bpj:germec:v:13:y:2012:i:3:p:245-256

Ordering information: This journal article can be ordered from
https://www.degruyter.com/journal/key/ger/html

DOI: 10.1111/j.1468-0475.2011.00558.x

Access Statistics for this article

German Economic Review is currently edited by Peter Egger, Almut Balleer, Jesus Crespo-Cuaresma, Mario Larch, Aderonke Osikominu and Georg Wamser

More articles in German Economic Review from De Gruyter
Bibliographic data for series maintained by Peter Golla ().