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Assessing the effects of a road surfacing cartel in Switzerland

Author

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  • Hüschelrath, Kai
  • Leheyda, Nina
  • Beschorner, Patrick Frank Ernst

Abstract

The paper assesses the impact of the detection of a hard-core cartel in the Swiss market for road surfacing on post-cartel competition. In addition to an investigation of supply-side factors, demand-side factors, and market prices, the paper also derives estimates of the economic effects of the decision. The results indicate that the detection of the cartel may have led to short-term price reductions; however, the persistent collusion-friendly industry structure forecloses larger and durable gains for the customers.

Suggested Citation

  • Hüschelrath, Kai & Leheyda, Nina & Beschorner, Patrick Frank Ernst, 2009. "Assessing the effects of a road surfacing cartel in Switzerland," ZEW Discussion Papers 09-082, ZEW - Leibniz Centre for European Economic Research.
    • Handle: RePEc:zbw:zewdip:09082
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    References listed on IDEAS

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    Cited by:

    1. José Manuel Ordóñez-de-Haro & José Luis Torres, 2014. "Price Hysteresis After Antitrust Enforcement: Evidence From Spanish Food Markets," Journal of Competition Law and Economics, Oxford University Press, vol. 10(1), pages 217-256.

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    More about this item

    Keywords

    Competition Policy; Evaluation; Cartels; Switzerland;
    All these keywords.

    JEL classification:

    • L41 - Industrial Organization - - Antitrust Issues and Policies - - - Monopolization; Horizontal Anticompetitive Practices
    • K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law

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