But before we devise strategies to fight the tide of monopoly, we need a more complete diagnosis. Why is monopoly power increasing? The best minds in the econ profession are on the case, but there’s no definitive answer yet...
If "the best minds in the econ profession" are on the case, we'll never know the actual reasons.
Bloomberg View
Monopolies Are Worse Than We Thought
Noah Smith
ht Mark Thoma at Economist's View
ht Mark Thoma at Economist's View
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