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The Overcharge As A Measure For Antitrust Damages, Martijn Han, Maarten Pieter Schinkel, Jan Tuinstra
The Overcharge As A Measure For Antitrust Damages, Martijn Han, Maarten Pieter Schinkel, Jan Tuinstra
Martijn A. Han
Victims of antitrust violations can recover damages in court. Yet, the quantification of antitrust damages and to whom they accrue is often complex. An illegal price increase somewhere in the chain of production percolates through to the other layers in a ripple of partial pass-ons. The resulting reductions in sales and input demands lead to additional harm to both downstream (in)direct purchasers and upstream suppliers. Nevertheless, U.S. civil antitrust litigation is almost exclusively concerned with direct purchaser claims for (treble) damages calculated on the basis of the overcharge. Similar best practice rules are emerging in Europe. In this paper, we …