Monopoly Stifles Gains

The book progresses through three parts, beginning with core concepts of market concentration and the history of antitrust laws. It then presents case studies of industries like technology and healthcare, demonstrating how dominant firms suppress competition and raise prices. Finally, it advocates for stronger antitrust enforcement and policy reforms to promote a more equitable distribution of wealth.

The book uniquely correlates industry concentration levels with indicators of income inequality, offering insights for policymakers, entrepreneurs, and consumers alike. The approach taken emphasizes the distributional consequences of unchecked market power, connecting the effects of monopolies to broader societal impacts. It dives into the argument about the role of antitrust laws in shaping economic outcomes, while addressing claims that monopolies are simply the result of superior efficiency or innovation. The book proposes specific policy recommendations, including stricter merger reviews and increased funding for antitrust agencies.