DAMAGES CALCULATIONS IN PRIVATE MONOPOLIZATION: A JAPANESE CASE STUDY

Koki Arai

Journal of Competition Law and Economics, 2014, vol. 10, issue 2, 505-516

Abstract: This study analyzes the decision of a Tokyo High Court case concerning the damages calculation in private monopolization of the Nipro Corporation. From an economic perspective, this study obtains the appropriate signs of the coefficients in the supply relationship and the demand function on the basis of a simple model and limited data. The model analysis, however, does not obtain a statistically significant coefficient for the violation conduct in the results of the structural model estimation and reduced form estimation. Therefore, the Nipro judgment, which states that it does not acknowledge that the price would be lower without the violation conduct is affirmed by this study's economic analysis. The method proposed in this study is useful for analyzing the judgment while avoiding raising the Type II error (the failure to reject a false null hypothesis).

JEL-codes: K21 L41 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:oup:jcomle:v:10:y:2014:i:2:p:505-516.

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Journal of Competition Law and Economics is currently edited by Nicholas Economides, Amelia Fletcher, Michal Gal, Damien Geradin, Ioannis Lianos and Tommaso Valletti

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