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| (173) | The curvature of the demand curve may have a significant impact on the passing-on of overcharges. For a given level of competition the passing-on of an industry-wide overcharge will increase the more convex the demand curve is. If demand is sufficiently convex, the passing-on rate may exceed 100 percent.

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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.