Cartels may cause damages.
The EE&MC experts are able to calculate those damages for you.
The European Commission as well as the national competition authorities have the power to impose fines for cartel infringements.
Parties injured by a cartel infringement are entitled to receive compensation for their losses. As a result of the infringement of the competition rules the injured parties might have 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. Regression analyses (e.g. for a temporal comparative market analyses) or other econometric modelling techniques such as market simulation models are used to quantify the damages. The application of these techniques allows the quantification of the damages. EE&MC has broad experiences in the application of calculation tools and techniques as outlined in the European Commission's 2013 guidelines on the quantification of damages.
EE&MC has calculated the cartel damages in more than fifteen different cartel cases already. We combine a practical approach with leading academic know-how to deliver top quality results by carring out accurate and transparent calculations.
EE&MC has been/is involved in the following cartel cases: