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Seda Basihos

Seda Basihos is a Postdoctoral Research Fellow in the Faculty of Economics at the University of Cambridge. She received her PhD in Economics from HEC Lausanne (Switzerland) in 2022. Her research focuses on macroeconomics, political economy, and economic growth.
Democracy

How Rising Corporate Market Power Undermines Democracy   

Seda Basihos
In new research, Seda Basihos investigates the relationship between a decline in market competition and global democratic backsliding. She finds that market concentration leads to increasing political power for giant firms—a trend that ultimately erodes democracy levels.

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The publication of the Stigler Center at The University of Chicago Booth School of Business

ProMarket is dedicated to discussing how competition tends to be subverted by special interests. The posts represent the opinions of their writers, not necessarily those of the University of Chicago, the Booth School of Business, or its faculty. For more information, please visit ProMarket Policy.