In 30 seconds
Khan describes how concentration can affect consumers, suppliers and entrepreneurs and argues for competition.
- 1Everyday effectsKhan identifies several affected groups.
- 2GatekeepersShe discusses market access.
- 3CompetitionShe argues for competitive markets.
Takeaways
- Concentration can affect several groups.
- Gatekeepers shape access.
- Khan sees market structure as a policy choice.
Read the edited text by chapter
Effects of concentration
Lina Khan argues that market concentration can affect people beyond short-term prices, including patients, farmers and small businesses.
Lina Khan argues that market concentration can affect people beyond short-term prices, including patients, farmers and small businesses.
She gives examples of longer travel for hospital care and farmers with few buyers, arguing that limited alternatives can worsen terms.
A policy choice
Khan says gatekeepers can also affect entrepreneurs’ access to markets and that market structure is a policy choice.
Khan says gatekeepers can also affect entrepreneurs’ access to markets and that market structure is a policy choice.
She argues that competition has historically supported economic growth and company formation. This is her policy interpretation.
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