Scholarship (Affiliate)
Econometrics in UK Cartel Damage Cases: Why Is It Failing?
Abstract
Of the four cartel (Art 101 TFE) damage cases that have gone to full trial in the UK – BritNed v ABB, Royal Mail v DAF, Granville v Chunghwa and Stellantis v Autoliv – one or both of the parties’ experts gave econometric evidence which was rejected as ‘unreliable,’ ‘biased’ and ‘unusable’ in all except Granville. In this paper, I review the case outcomes, the use and limitations of econometrics, and the guidance that these cases give to economists presenting econometric evidence before the UK courts and the Competition Appeal Tribunal.
Read the full piece at SSRN.