Market power

UN Study Warns: Growing Economic Concentration Leads to “Rentier Capitalism”

A new study by the United Nations Conference on Trade and Development argues: The “endemic rent-seeking that stems from market concentration, heightened corporate power,...

Antitrust in the Labor Market: Protectionist, or Pro-Competitive?

Redirecting antitrust enforcement to confront monopsony power would be a substantial departure from the way it has been conducted in recent decades, but just...

The Rise of Market Power and the Decline of Labor’s Share

A new paper argues that the decline of the labor and capital shares, as well as the decline in low-skilled wages and other economic trends, have been...

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