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Bloomberg: The US Doesn't Need More Superstar Companies
26 April 2019
Economists David Autor, David Dorn, Lawrence Katz, Christina Patterson and John Van Reenen, who wrote one of the first papers to bring attention to the phenomenon of rising concentration, also endorse a story of so-called superstar companies. They point out that the companies that have been establishing dominance tend to use less labor to generate revenue, suggesting that they're winning because they're more productive.