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  • As competition flags, the rip of inequality widens

    The New York Times - 07/12/2016

    Still, it would seem foolhardy to ignore the growing footprint of dominant companies, strutting their stuff across the broader economy.

    The best-understood downside comes from rising prices. John Kwoka, an antitrust expert at Northeastern University, made a study of dozens of mergers that were reviewed and ultimately approved by regulators. In 75 to 80 percent of the cases, they led to substantial price increases.

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