We present a market-based compensation approach to antitrust litigation and other cases of price overcharges. Instead of lump-sum compensation, paid either directly or through coupons, defendants are required to lower their prices for a certain designated period, i.e. price-cap compensation (PCC). We show why previous criticism of PCC was misguided. And, in sharp contrast to the common view in the literature, implementing PCC may have many substantive and procedural advantages. Importantly, although PCC is implemented vis-à-vis direct purchasers only, it reconciles the U.S. and European Union legal approaches and solves the challenge of passed-on damages to indirect purchasers.

中文翻译：

---

两全其美：通过价格上限补偿传递的超额费用

对于反托拉斯诉讼和其他价格过高的案例，我们提出了一种基于市场的补偿方法。被告们必须在特定的指定时期内降低价格，而不是直接或通过优惠券一次性支付补偿，即价格上限补偿（PCC）。我们展示了为什么先前对PCC的批评被误导了。并且，与文献中的普遍观点形成鲜明对比的是，实施PCC可能具有许多实质性和程序性优势。重要的是，尽管PCC仅针对直接购买者实施，但它调和了美国和欧盟的法律方法，并解决了间接购买者遭受间接损害的挑战。