~ The New York Times, July 9, 2021
Jul 9, 2021
The New York Times admits that government protects Big Business from smaller competitors
The economy suffers from a lack of fair competition, many economists believe. Large corporations are often able to increase profits not by providing better products than their rivals but instead by being so big that they exercise power over workers and consumers. The government also plays a role, through policies that protect existing companies at the expense of start-ups and new entrants into an industry.
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