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less than previously documented for Australia, and slightly less than has been documented for the average advanced economy … decline in competition over the period. This increase in market power appears to explain part of the slowdown in productivity … growth observed in Australia over the past decade, as it has been associated with slower efficient reallocation of resources …
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limitations of the available data, and the potential implications of common ownership for competition in Australia. …We provide the first estimates of the extent of common ownership of competing firms in Australia. Combining data on …
Persistent link: https://www.econbiz.de/10012513226
limitations of the available data, and the potential implications of common ownership for competition in Australia. …We provide the first estimates of the extent of common ownership of competing firms in Australia. Combining data on …
Persistent link: https://www.econbiz.de/10012507267
of market concentration in the industries where Australia's wealthiest made their fortunes. Compared with the economy at …
Persistent link: https://www.econbiz.de/10014484556
of market concentration in the industries where Australia's wealthiest made their fortunes. Compared with the economy at …
Persistent link: https://www.econbiz.de/10014470410
also pose competitive problems. I identify five big challenges that AI poses for competition. (1) Costly chips. (2) Private … competition regulators, but also for competition reformers. Just as antitrust laws needed to be updated to deal with the … misbehaviour of the oil titans and rail barons of nineteenth century America, so too we may need to make changes in competition …
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