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Competition, Markets, and Regulation

Quantifying Damages in Competition Cases

Tools and Techniques for Quantifying Antitrust Damages.

17.5h (2.5 days)

€1195-€1995

Face-to-face or Online

English

Program date: November 26-28, 2025

Early bird deadline: October 28, 2025

Learn more

Quantifying Damages in Competition Cases

Applications are open!

Executive education

Competition, Markets, and Regulation

Quantifying Damages in Competition Cases

Anticompetitive practices can cause significant harm to consumers and firms but accurately measuring that harm is often complex. As private enforcement of competition law expands, particularly in the EU, the ability to quantify damages has become a critical skill for legal and economic professionals.

The BSE Executive Education course on Quantifying Damages in Competition Cases provides a practical, hands-on approach to estimating harm in competition cases using methods accepted by courts, competition authorities and regulators.

Learn how to assess damages from price-fixing cartels, exclusionary conduct like margin squeezes, in particular in rapidly evolving digital markets. Explore recent developments in econometric techniques and judicial standards of evidence.

Through real-world examples, you’ll gain the tools to produce credible, data-based damage estimates that bridge economic theory and legal practice. Special emphasis will be placed on the quantification of consumer harm in digital markets—a key step in enabling class actions and collective redress.

Faculty

What makes this course different from those on a similar topic?

1

Expert Faculty: learn from top economists and policy advisors with experience in antitrust enforcement and damage estimation

2

Focus on Antitrust Damage Estimation: dedicated training in the estimation of damages, beyond the general scope of competition economics courses

3

Hands-on Learning: engage with real-world cases, enforcement by antitrust authorities and court judgments to understand how theory translates into practice

4

Interdisciplinary Approach: combines economic theory, empirical techniques, and legal standards in a coherent framework

5

Covers Diverse Anticompetitive Practices: content includes both traditional harms (e.g. cartels) and complex conduct (e.g. predation, margin squeeze, digital markets)

6

Networking Opportunities: connect with fellow professionals, policymakers, and industry leaders facing similar challenges in digital market regulation

You will be guided by a team of leading international competition scholars and practitioners with extensive experience in this area

Designed for economists and professionals in related fields
Suitable for both experienced practitioners and those new to damage estimation
Particularly relevant for individuals working in:
- Economic consultancies
- Competition authorities
- Law firms
- Regulatory bodies
Ideal for those involved in, or preparing to contribute to, quantifying damages in competition cases

Work through practical case studies to apply key concepts in a real-world context

By the end of this course, participants will have:

A deeper understanding of the legal and economic foundations of damage compensation in competition cases, focusing on the construction and role of counterfactual scenarios
Analysed the economic effects of different types of anticompetitive conduct, such as cartels, exclusionary abuses, and market foreclosure, and their implications for damages estimation
Critically assessed the main empirical methods used in the quantification of harm, including comparative market approaches, simulation models, and cost- and finance-based techniques
Applied advanced tools for estimating overcharges, pass-on effects, and volume effects, and to evaluate their appropriateness in different enforcement contexts
Analysed how exclusionary practices—such as margin squeeze, predation, and foreclosure—affect market structure, and to estimate the resulting harm to both competitors and customers
Understood the economic and legal framework for passing-on, and to implement empirical approaches such as comparator-based methods and elasticity-based techniques
Strengthened their ability to interpret statistical evidence in litigation contexts, including the assessment of expert reports, confidence intervals, and standards of proof
Explored the specific challenges of quantifying harm in digital markets, including exclusionary strategies, lost growth opportunities, and effects on pricing and quality

Chatham House Rule

To promote a frank, open, and constructive discussion, this course will be conducted under the Chatham House Rule, which states that “participants are free to use the information received, but neither the identity nor the affiliation of the speaker(s), nor that of any other participant, may be revealed.”

Program Syllabus for Quantifying Damages in Competition Cases

Here is a brief look at the topics and themes that will be covered in the course.

Principles of Damage Estimation

Infringements of competition law:

Types of infringement and case examples
Review of the basic characteristics and the potential economic impact
Retrospective evidence on cartels

General principles of damage estimation:

The right to be compensated
Quantification of harm and the counterfactual scenario
Types of harm

Quantifying harm caused by a rise in prices, for instance from a price setting cartel:

The initial overcharge paid by the direct customer
The pass-on of overcharges
Quantifying the harm caused by the volume effect

Quantifying harm from exclusionary practices:

Quantifying harm to competitors
Quantifying harm to customers

Plausibility and theory of harm: evidence beyond quantification

Comparison Methods for Damage Estimation: Cartels and Beyond

Definition and types:

Time comparison
Product market comparison
Difference in differences

Strengths and weaknesses

Implementation:

Simple techniques
Regression analysis

Econometric Methods to Assess Damages and Their Applications

Role of data availability and counterfactual in choice of suitable method
Assessing robustness of comparator approaches
Structural methods and simulation methods

Passing-on of Overcharges

Introduction and the legal context

The economic theory of passing-on

Quantification and estimation of passing-on related price effects:

Comparator-based methods
The passing-on rate approach

The quantification and estimation of volume effects

Comparator-based approach

Elasticity approach

Quantifying Consumer Harm: Unlocking Class Actions

Economic foundation to quantify consumer harm
Revealed preference approaches
Survey/experimental approaches to elicit value
Testing for consumer literacy and accounting for limits to rationality
Applications

Quantifying Harm From Exclusionary Practices

Exclusionary practices

General approach to the quantification of lost profits

Effects on existing competitors
Prevented entry of competitors
Compensation for future loss

Quantifying harm to customers

Recoupment
Harm to competitors as customers of the infringers

Theory of Harm and Plausibility Analyses

Case: empirical analyses in the directory enquiry service case
Discussion of estimation method for damages

Interpretation of Statistical Evidence in Court Proceedings

Standard of proof
Precision of estimate, confidence intervals, and statistical significance
Evaluation of different (contradictory) expert opinions

Quantifying Harm to Competitors in Digital Markets: Exclusion and Lost Growth Opportunities

Understanding the theories of harm to develop a relevant counterfactual scenario
Estimating foregone revenues and lost growth opportunities

Quantifying Harm to Users in Digital Markets: Pricing and Quality

Understanding the theories of harm to develop a relevant counterfactual scenario
Quantitative approaches to estimate harm to users

Why should you attend BSE Executive Education courses?

All BSE Executive Education courses are taught to the same high standard as our Master’s programs.

1

Network with like-minded peers from around the world

2

Short courses allow you to learn without a big time commitment

3

Try something new and expand your knowledge and career prospects, or advance your thesis

Admissions

If you want to apply for this Competition Economics course, ensure you meet the criteria below.

Program date: November 26-28, 2025

Early bird deadline: October 28, 2025

Requirements

Candidates are evaluated on an individual basis according to their professional or academic background

Course specific requirements

Participants are expected to have a solid understanding of microeconomics and basic econometrics
Prior exposure to competition economics or legal frameworks is helpful but not required

Get up to date with the latest case studies and developments in this area.

Here is your course schedule!

The times listed are Central European Time (CET). Compare with your time zone on time.is

Instructors, topics, and schedules are subject to change.

Day 1

Time

Session

Professor

11:00 - 11:15

Registration

-

11:15 - 13:00

Principles of Damage Estimation

Albert Banal-Estanol

Lunch break

14:00 - 15:45

Comparison Methods for Damage Estimation: Cartels and Beyond

Albert Banal-Estanol

Coffee break

16:15 - 18:00

Econometric Methods to Assess Damages and Their Applications

Christian Michel

19:30 - 22:00

Networking dinner

Day 2

Time

Session

Professor

09:00 - 10:45

Passing On of Overcharges

Albert Banal-Estanol

Coffee break

11:15 - 13:00

Quantifying Consumer Harm: Unlocking Class Actions

Christian Michel

Lunch break

14:00 - 16:45

Quantifying Harm From Exclusionary Practices

Albert Banal-Estanol

Coffee break

16:15 - 18:00

Theory of Harm and Plausibility Analyses

Simone Kohnz

Day 3

Time

Session

Professor

09:00 - 10:45

Interpretation of Statistical Evidence in Court Proceedings

Simone Kohnz

Coffee break

11:15 - 13:00

Quantifying Harm to Competitors in Digital Markets: Exclusion and Lost Growth Opportunities

Benoît Durand

Lunch break

14:00 - 16:45

Quantifying Harm to Users in Digital Markets: Pricing and Quality

Benoît Durand

Certificates and Fees

Certificate

Participants who attend at least 80% of the course will receive a Certificate of Attendance free of charge. Participants will not be graded or assessed during the course.

Fees

A 10% discount applies when the confirmation payment is completed on or before the announced Early Bird deadline.

Multiple course discounts are available. Find out more information in our Fees and Discounts pdf.

Fees for other Executive Education programs may vary.

Course

Quantifying Damages in Competition Cases

Modality

Face-to-face or Online

Total Hours

17.5

ECTS

No

Regular Fee

1995

Reduced Fee*

1195

* Reduced Fee applies to the public sector (e.g. agencies, tribunals, regulators, competition authorities, government institutions), PhD or Master’s students, Alumni of BSE Master’s programs, and participants who are unemployed.

FAQ

Need more information? Check out our most frequently asked questions.

Is accommodation included in the course fee?

Accommodation is not included in the course fee. Participants are responsible for finding accommodation.

Are the sessions recorded?

Sessions will be recorded and videos will be available for a month once the course has finished.

How much does each Executive Education course cost?

Fees for each course may vary. Please consult each course page for accurate information.

Are there any discounts available?

Yes, BSE offers a variety of discounts on its Executive Education courses. See more information about available discounts or request a personalized discount quote by email .