Cartel dating

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The begin and end dates of cartels are often ambiguous, despite competition authorities stating them with seeming precision. The legally established infringement period s , based on documentary evidence, need not coincide with the period s of actual cartel effects. In this paper, we study the consequences for antitrust damage estimation of using cartel dates that are different from the actual begin and end dates of the effects of the collusion. Obviously, different dates imply different periods and volumes purchased over which damages can be claimed — possibly more. It also affects estimation of the so-called but-for prices, which are the prices that most likely would have been paid in the absence of collusion. We show that misdating the period s in which a cartel was effective introduces a bias that leads to a weak overestimation of but-for prices and an underestimation of the price increase that the cartel overcharged.
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GRAPHIC EXCLUSIVE — Los Zetas Cartel Cuts Face Off Innocent Victim

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GRAPHIC EXCLUSIVE -- Los Zetas Cartel Cuts Face Off Innocent Victim

Yes, you read that right… Mexican drug cartels. Thousands of years ago, Chinese doctors discovered how acupuncture works by studying the war wounds of soldiers struck by arrows. We often learn something awesome from the most unexpected places. We all know drug-lords are famous for soul-deadening atrocities, not for romance.
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Border Patrol agents in the Rio Grande Valley Sector say they are becoming more concerned for their safety after several incidents with the Gulf Cartel dating back to August of this year. Several agents recently explained their concerns on the condition of anonymity. The city sits immediately across the border from Roma, Texas.
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Other versions of this item: H. James F. Nieberding, Perron, P.
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