Market concentration challenge the global economy
August 09, 2021 07:45 Source: "China Social Sciences", August 9, 2021, Issue 2225 Author: This reporter Yan Yong

Affected by the epidemic of new crown pneumonia,Economic development in many countries in the world is in a downturn。Some scholars said,The current market concentration (Market Concentration) is continuously improved,It may increase long -term challenges to the global economy more。Yaroslav Lissovolik, the director of the Russian Think Tank Waldai Club Project, wrote on July 28 on the official website of the think tank,The increase in market concentration has become one of the important issues facing the world economy。

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Lisovlik mentioned,People in the past generally think that,Economic inequality is the key factor that leads to the fragile global economy。Although the previous concern to influence in the past is mainly focused on the expansion of household income,But the imbalance bet365 best casino games of the global economy is also obviously reflected in the industry and enterprise level。Some scholars think,A healthy market should have a large number of buyers and sellers。Raise market concentration,It will bring monopoly and unfair competition,indirect economic inequality of the whole society。Research by Joshua Gans, a professor at the University of Toronto University of Canada, and others,If the overcoming concentration of the US market in 2016 can be improved,The lowest income of 60%of employees with the lowest revenue in the United States will increase from 19%to 21%,The income ratio of 20%of the employees with the highest income will drop from 64%to 61%。

From the perspective of Lisov Like,New Crown Pneumonia Epidemium Global Popularity,As a result, market concentration in many areas bet365 best casino games of the global economy has increased significantly。The trend of increased market concentration,It may bring long -term risks such as reducing the desire of corporate competition and rising inflation pressure。

A recent study by the bet365 live casino games International Monetary Fund shows,Some key indicators related to market influence have risen,If the income is concentrated between the largest participant in an industry,The epidemic seems to exacerbate this trend。Organization of the International Monetary Fund,"The market concentration of developed economies may now increase ...,The dominant companies are one of the biggest winners "。

bet365 live casino games International Monetary Fund Organization also said,The market forces that are continuously rising by companies are becoming difficult to shake。In different industries,The company with the highest increase in the next year,The possibility of maintaining a high increase is close to 85%,10 percentage points higher than the "new economy" period in the 1990s。In the network effect、In the influence of the scale economy and epidemic,The rise of the digital platform is increasing the rising trend of market concentration。

 Exhaust social inequality

bet365 live casino games International Monetary Fund Organization Call for,Strict antitrust measures should be taken,In order bet365 Play online games to offset the impact of the continuous increase in market leaders。But,Research team discovered,There is a significant positive correlation between the higher market concentration and the improvement of the entire industrial productivity。Increasing the concentration of the European market,It should not be regarded as a worrying factor related to the weakening of the competitive environment。

but,Gans thinks,The monopoly phenomenon in the market of Western countries is continuously enhanced,The increase in the increase in the monopoly enterprise has also increased。Western Super Companies are capturing increasing market share,enable them to use their market position to earn excess profits。The stock holders of these super companies are not the representative class of society,but the richest person。It can be said,Inequices in western social stock holding are far more obvious than the inequality of consumption or income。other,Although consumption inequality has remained stable in Bet365 app download recent years,But among the past generations,inequality in corporate equity holdings has been greatly intensified。Considering the inequality of stock ownership,The rise in market concentration may continue to exacerbate social inequality in the future。

Lisovlik said,In some Eastern European countries,In the recent period, a more concentrated trend in the market,and perform well in the consumer department。2020,The share of the five major food retailers in the world has increased by nearly 4 percentage points,reached 32%or more。Although the market concentration has increased significantly,But the share of large food retailers still has sufficient expansion space。In fact,Regional retail chain stores in front of large retail companies have not been competitive in front of large retail companies。The reason for it,First,The increasingly mature market structure,Especially the scale effect of the modern large supermarket mode,It is conducive to improving the market concentration Bet365 lotto review of the food retail industry。Next,Online shopping mode becomes particularly active during the epidemic,The industry requires a lot of capital investment,This is conducive to the largest market participant。Last,The scale economy is particularly obvious among large enterprises,The larger supplier network can provide favorable procurement conditions。

Editor in charge: Changchang
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