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| (148) | The data requirements when estimating the volume effect by reference to the elasticity approach will depend on whether the relevant firms are equally affected by the overcharge, i.e. whether it is an industry-wide overcharge. The volume effects of both the own-price and the cross-price elasticity could be captured by the market price elasticity. Under such circumstances the volume effect may be estimated based on the counterfactual margin, the market elasticity of demand and observed prices (p 1) and quantities (q 2).

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Source: EUR-Lex (Cellar) · retrieved 2026-09-25 · Text as adopted (Official Journal); later amendments are not incorporated in this text.