Josh De Lyon
@joshdelyon.bsky.social
Economist at OECD and Affiliate at Centre for Economic Performance, LSE
Together, this suggests weakening competition and an increasing advantage of “superstar” firms.
It was a pleasure working on this project with Sara Calligaris, Chiara Criscuolo, @angrepp.bsky.social, and Olivero Pallanch.
It was a pleasure working on this project with Sara Calligaris, Chiara Criscuolo, @angrepp.bsky.social, and Olivero Pallanch.
March 3, 2025 at 2:55 PM
Together, this suggests weakening competition and an increasing advantage of “superstar” firms.
It was a pleasure working on this project with Sara Calligaris, Chiara Criscuolo, @angrepp.bsky.social, and Olivero Pallanch.
It was a pleasure working on this project with Sara Calligaris, Chiara Criscuolo, @angrepp.bsky.social, and Olivero Pallanch.
📈 Leading business groups are expanding sales across product and country markets.
🏢 They use brand acquisitions to consolidate market positions and expand into new markets. But when brands are acquired, their sales seem to weaken compared with non-acquired brands.
🏢 They use brand acquisitions to consolidate market positions and expand into new markets. But when brands are acquired, their sales seem to weaken compared with non-acquired brands.
March 3, 2025 at 2:55 PM
📈 Leading business groups are expanding sales across product and country markets.
🏢 They use brand acquisitions to consolidate market positions and expand into new markets. But when brands are acquired, their sales seem to weaken compared with non-acquired brands.
🏢 They use brand acquisitions to consolidate market positions and expand into new markets. But when brands are acquired, their sales seem to weaken compared with non-acquired brands.
📈 Product concentration is 50% higher than industry concentration.
🌍 Both industry and product concentration have increased in Europe but not in the US, while business dynamism has declined in both.
🌍 Both industry and product concentration have increased in Europe but not in the US, while business dynamism has declined in both.
March 3, 2025 at 2:55 PM
📈 Product concentration is 50% higher than industry concentration.
🌍 Both industry and product concentration have increased in Europe but not in the US, while business dynamism has declined in both.
🌍 Both industry and product concentration have increased in Europe but not in the US, while business dynamism has declined in both.
Recent evidence shows rising concentration and declining business dynamism, suggesting weakening competition. However, these studies use industry-level data. Product markets are more relevant for welfare.
Key findings:
Key findings:
March 3, 2025 at 2:55 PM
Recent evidence shows rising concentration and declining business dynamism, suggesting weakening competition. However, these studies use industry-level data. Product markets are more relevant for welfare.
Key findings:
Key findings: