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Increasing Markups & Concentration: A Closer Look

Craig Minerva, Ali Yurukoglu, Christopher Conlon, and Nancy L Rose

Recent calls for increased antitrust enforcement -e.g. the Biden Executive Order on Promoting Competition- are predicated on the view that markups, concentration, and prices have increased pervasively. What does the empirical evidence show? Several studies have analyzed these topics. This program will delve into that rich body of work, which has major implications for competition policy.