Tag Archives: market concentration

Our study aims to help draw together two strands of literature. As the World Inequality Report recently showed, most advanced nations have seen an increase in inequality over the past generation. Meanwhile, a growing body of evidence points to an increase in market power, both in terms of rising market concentration and increasing markups. A burgeoning literature suggests that superstar firms are capturing increasingly high market shares, allowing them to use their market position to earn...

Report.Economic Policy InstituteIt’s not just monopoly and monopsony: How market power has affected American wages Josh Bivens, Lawrence Mishel, and John SchmittSee alsoFrom Poverty to PowerThe World Bank’s flagship report this year is on the future of work – here’s what the draft says Duncan Green, strategic adviser for Oxfam GB