Mapping the world's opinions

Monopolies reduce entrepreneurial activity

Rising product market concentration leads to a collapse in entrepreneurial activity


Enter the background of the argument here ...

The Argument

Monopolies tend to erect barriers to entry in their industry. These may be regulatory, through high switching costs. For example, ratings agencies are a duopoly, and they have pushed for regulatory backing for their existence (NRSRO status) and then have actively lobbied to preserve this status. Microsoft, for example, made it very difficult to uninstall Microsoft Explorer when they were competing with Netscape. Bloomberg makes customers sign two year contracts to use the terminal and makes it very hard to quit. While each industry is different, rising product market concentration has led to a collapse in entrepreneurial activity across almost all sectors of the United States economy, as Ryan Decker and others have documented.

Counter arguments

Enter the counter arguments here ...


Enter the formal premises of the argument here ...

Rejecting the premises

Enter the technical rejections of the premises here ...


Content references here ...


Do you agree?

Sign up or log in to record your thoughts on this argument

Explore the next argument

This page was last edited on Sunday, 4 Nov 2018 at 17:03 UTC