The Myth of Capitalism: Global Implications of Market Concentration
Featuring
Denise Hearn, Co-author, The Myth of Capitalism
Jonathan Tepper, Co-author, The Myth of Capitalism
Sarah Miller, Deputy Director, Open Markets Institute
Moderator
Charles Kenny, Director of Technology and Development, Center for Global Development
Evidence from US-based firms like Google, Facebook, and Amazon shows that market concentration and the failure of competition policy has had grim effects on productivity and inequality. Indeed, across a handful of industries, only a couple of massive firms control the majority of decisions Americans make as consumers. But what effects does market consolidation have on the rest of the world?
In this special CGD Partners Council event, Jonathan Tepper and Denise Hearn, authors of the forthcoming book, The Myth of Capitalism: Monopolies and the Death of Competition, and Deputy Director of Open Markets Institute Sarah Miller will discuss the global implications of market concentration and the failure of competition policy. The discussion will be moderated by Charles Kenny, Director of CGD’s Technology and Development Program.