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Anyone have any good references on market consolidation? I'm investigating the idea that economies of scale lead to a small percentage of firms controlling large sections of the market. Any literature on this would be appreciated.
This is the dissertation that led to DoJ use of his method to create the guidelines that determine which mergers should be allowed under anti-trust law.
A belated thanks! Added to my to-read list.
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Thank you, added that to my TBR
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Don't have any specific references to if you, but just wanted to comment that the concept of 'natural monopolies' is closely related to what you are describing.
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