Posted by Wall Street Journal
Monopolistic Power Is Growing Around the World, IMF Says
By Greg Ip
Declining competition throughout the economy isn’t just an American phenomenon. It’s true throughout much of the rich world, the International Monetary Fund has found. Still, the IMF, in a study accompanying its latest World Economic Outlook released Wednesday, says rising market power may not necessarily reflect weakening antitrust policy and advises against drastic action designed […]
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