Entrepreneurship is essential to economic progress and to upward mobility. But market concentration in the services, retailing, and light manufacturing industries has removed the incentive for small business owners to innovate, compete, and invest in research and development.
“To rebuild an economy that works for everyone, not just the big guys, it is critical to reduce concentrated power in our markets,” U.S. Senator Elizabeth Warren said at the Open Markets Institute event, America’s Monopoly Moment, this past week. Watch the event here.