Our New Gilded Age is defined by its oligarchic concentration of wealth and power: not just how much wealth is controlled by the 0.001%, but how many of our key markets are dominated by just a handful of players — sometimes just a single company.
In a new, visual report, the Open Markets Institute presents an easy-to-understand snapshot of market concentration in more than 30 industries, with historic data showing how the concentration has increased over time.
While digital markets are among the most concentrated, the report makes it clear that this isn’t a “new economy” phenomenon — otherwise, why would beer, a business that has its roots in ancient Egypt, be as concentrated as it is?
America’s Concentration Crisis [Open Markets Insititute]
