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What If Companies Get Big Because They're Better?

6 pointsby rickncliffover 5 years ago

1 comment

CharlesColemanover 5 years ago
&gt; A productivity-based explanation for rising industry concentration <i>would suggest dramatically different policies than the antitrust one does.</i> The evidence uncovered by Autor and his collaborators buttresses the view that superstar firms are thriving because they are simply more productive than other firms, not because they have been given a special break by regulators. [emphasis mine]<p>And those different policies are? Regulating them like natural monopolies?
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