Focusing on Facebook and Google’s monopoly misses the point | Curio

Focusing on Facebook and Google’s monopoly misses the point

6 mins | Aug 11, 2020

Excessive market power isn’t confined to companies that run digital platforms. "Oligopolies, where a few big companies dominate the market, also tend to wield some degree of market power. In theory, that can allow powerful players to jack up consumer prices, underpay workers and squeeze suppliers." Noah Smith analyses in Bloomberg.

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From Bloomberg