Popular Media

Is Market Concentration Actually Rising?

Everyone is worried about growing concentration in U.S. markets. Biden’s executive order last year on competition starts with the statement that “excessive market concentration threatens basic economic liberties, democratic accountability, and the welfare of workers, farmers, small businesses, startups, and consumers.” No word on the threat of concentration to baby puppies, but the takeaway is clear. Concentration is everywhere, and it’s bad.

Read the full piece here.