Benchmark Analysis

With benchmark analysis, the price developments of a cartelised product are compared to those of a non-cartelised product. Different price developments can be evidence of a cartel effect, although this requires the examination of whether the markets are comparable with respect to time, product and region and are not cartelised or affected by cartels. A particularly efficient form of the benchmarking method portrays the econometric assessment of a cartel’s effects on prices and margins. We have a large amount of methodical competencies in precisely this area and are in a position to profit from our collaboration on cartel cases of all sizes and distinctions.

Estimating Price Elasticities

For the identification of merger-related price effects, but also of cartel-related volume effects, the examination of price elasticities is essential. We have carried out assessments of price elasticities in a series of projects as well as cross-checked and assessed examinations done by cartel authorities. The bases of such assessments are either real data from our clients, which we analyse econometrically, or specific discrete-choice surveys, which are appraised with the use of logit-models.

Analysis of Bidding Behaviour

In bidding markets, the number and identities of bidders often play an important role in the intensity of competition. In many different branches our team has been able to identify the effects of cartels on claimants and on injuring parties through the econometrical analysis of bidding markets. We have applied these procedures in the engineering industry, the automotive supplier industry and the fire engine industry, among others.