Quantifying Damages for Direct Purchasers: Methodology Presentation
This presentation by Benoît Durand covers the methodology for quantifying damages in cases involving direct purchasers, including factors like overcharge, passing-on, and lost business effects. It delves into the calculation of total damages and the estimation of overcharges during cartel periods. Contact information for RBB Economics' various global offices is also provided.
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Presentation Transcript
Quantifying Damages Presentation at Competition Day, Bratislava Beno t Durand benoit.durand@rbbecon.com 23 November 2016
Total damage for direct purchasers Damage = A (overcharge) - B (passing-on) + C (the lost business/volume effect) p1 Price increase B Demand p0 Profit C c1 Cost increase A A c0 Quantity q1 q0 Output reduction 2
Estimating the overcharge Overcharge = Actual Input Price Counterfactual Input Price Actual Price Input Price Counterfactual Counterfactual Price Cartel period Time 3
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