In pursuit of economic growth and development, countries have tried to strike a balance between competition and industrial policies across time. This paper will review the empirical evidence on industrial concentration and its economic correlates (notably firms' performance as measured by...

President-elect Joseph Biden faces challenges both at home and abroad in the aftermath of the Trump administration. The COVID-19 pandemic has deeply affected the United States, with over 23.5 million reported cases by early 2021. Much like many nations under lockdown and reeling from supply...