Rising Concentration, Rising Prices: Not So Fast

Eric Fruits October 22, 2019

Truth on the Market View Original Source

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Wall Street Journal commentator, Greg Ip, reviews Thomas Philippon’s forthcoming book, The Great Reversal: How America Gave Up On Free Markets. Ip describes a “growing mountain” of research on industry concentration in the U.S. and reports that Philippon concludes competition has declined over time, harming U.S. consumers.

Read the full piece here.