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| (169) | The extent of the volume effect is directly affected by the price sensitivity of the demand. This is because the price sensitivity determines the reduction of demand following a price increase. For a given price increase, the reduction of output is larger, the more price sensitive the demand is. Therefore, the volume effect, i.e. the profit lost by the infringer's customer due to the reduction of output (demand), is closely linked to the price sensitivity of demand.

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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.