Rising Corporate Market Power : Emerging Policy Issues.

Corporate market power has risen in recent decades, and new estimates in this note suggest that the likely wave of small and medium-sized enterprise bankruptcies from the ongoing pandemic will further strengthen market concentration. Whether and how policymakers should address this issue is hotly de...

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Bibliographic Details
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2021.
Series:Staff Discussion Notes; Staff Discussion Notes ; No. 2021/001
Subjects:
Online Access:Full text available on IMF
Description
Summary:Corporate market power has risen in recent decades, and new estimates in this note suggest that the likely wave of small and medium-sized enterprise bankruptcies from the ongoing pandemic will further strengthen market concentration. Whether and how policymakers should address this issue is hotly debated. This note provides new evidence on the policy relevance of rising market power and highlights possible implications for the design of competition policy frameworks and macroeconomic policies.
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Physical Description:1 online resource (34 pages)
Format:Mode of access: Internet
ISSN:2617-6750
Access:Electronic access restricted to authorized BRAC University faculty, staff and students