Cartels may cause damages. The EE&MC experts are able to calculate those damages for you.
The European Commission, more specifically the national competition authorities, have the power to impose fines for cartel infringements.
Furthermore, parties injured by an infringement receive fully the real value of their losses. Caused by the infringement of competition rules the injured parties payed excessive prices. The entitlement to full compensation covers the actual loss, as well as a compensation for the loss of profits and interest payments from the time the damage occurred.
To calculate cartel damages, economic expertise is required. Crucial for the calculation are regression analyses (e.g. within temporal comparative market analyses) , as well as econometric modelling techniques (market simulation models). The application of these techniques allows the investigation of direct causal connections between the alleged competition violation and the injury claimed.
EE&MC has manifold experiences in the application of accurate calculation tools as outlined in the European Commission´s 2013 guidelines on the quantification of damages.
Currently EE&MC calculated the damages in fifteen different cases. We combine practical knowledge with leading academic know-how to deliver top quality and carry out accurate and transparent calculations.
EE&MC antitrust cases are e.g.:
- Chipboard/Wood materials
- Drugstore products
- Foam (flexible polyurethan foam)
- Instant cappuccino
- Luxury cosmetics
- Machine dishwashing products