Posted by Harvard Business Publishing
What the Future of U.S. Antitrust Should Look Like
Market concentration is rising while economic competition — the bedrock of a dynamic, free market economy — is under threat. No wonder the framework that has guided antitrust enforcement for the last four decades is coming under intense scrutiny.
There are at least three schools of thought about the future of antitrust, each of which deserves consideration. To determine which one is best — and we do have a view — it’s helpful to review the growing evidence on why market concentration is so dangerous to the economy.
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