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Too Big to Innovate

July 18, 2019

Economists are finally getting around to evaluating the negative influence of the concentration of market power. There are two primary types of market concentrations. In a monopoly, of course, one seller dominates a market — such as Microsoft, which controls 90 percent of the computer operating systems market. An oligopoly occurs when a small number of firms dominate a single market segment. Read more at IndustryWeek.