The Rise of Tech Giants May Be Bad News for the Economy

Tech giants like Facebook and Amazon are the tip of the iceberg of a trend toward market concentration. That’s good for profits, but a new study says it also risks harming productivity and growth potential in the long run.

According to Sophie Guilloux-Nefussi, an economist with France’s central bank, the market share of the eight largest companies rose in more than 60 percent of the sectors of U.S. between 2002 and 2012.

FOLLOW THE LINK FOR THE FULL REPORT – JR

https://www.bloomberg.com/news/articles/2018-02-21/the-rise-of-amazon-facebook-may-be-bad-news-for-the-economy

Advertisements

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s