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The Rise of Tech Giants May Be Bad News for the Economy
The dominance of a few firms risks harming productivity and growth, study finds
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When it comes to competition, the Banque de France is here to tell you your economics textbook was right.
Tech giants like Facebook and Amazon are the tip of the iceberg of a trend toward market concentration. That's good for profits, but a new study says it also risks harming productivity and growth potential in the long run.