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The Market Power of 'Superstar' Companies Is Growing


The Market Power of 'Superstar' Companies Is Growing

The growing dominance of industries and economies by superstar firms, and the implications of this dominance for technological, social, and economic progress.

Market-leading US companies consolidate power in era of 'superstar ...

On the other, some economists point to the emergence of hyper-productive "superstar" companies as the primary reason for increasing market power ...

The Power of Superstar Firms Amid the Pandemic

Superstar firms can be found in almost every sector of the economy, including tech, management, finance, sports and the music industry.

What every CEO needs to know about 'superstar' companies

by Sree Ramaswamy, Michael Birshan, James Manyika, Jacques Bughin, and Jonathan Woetzel. Page 2. The rapid growth of very large global companies is fueling ...

The rise of superstar firms in the United States: The role of global ...

Growth of markups and market shares among leading firms, driven by the trend of input globalization, accounts for approximately 17% of the overall increase in ...

Challenges with the rise of superstar firms - ESCP Business School

They find that market power can contribute significantly to inequality by increasing the wealth of the 10% richest group by an average between 12% and 21% and ...

Rise of superstar firms and fall of the price mechanism

Changes in economic fundamentals have brought the rise of superstar firms and impair the price mechanism.

The Rise of Superstar Firms: Causes and Consequences

─ Some product market power: firms face downward sloping (residual) ... • Van Reenen (2018)“Increasing Difference Between Firms” Changing Market.

World-Dominating Superstar Firms Get Bigger, Techier, and More ...

There's also a growing body of research showing the increased dominance of superstar firms has placed workers at a disadvantage. Many economists ...

The rise of superstar firms | UBS Center

As these companies grow, revenues and profits rise at faster rates than personnel expenses. The rising dominance of 'superstar' firms in the economy therefore ...

Superstar Firms Are Running Away with the Global Economy

While increasing firm markups can be interpreted as companies charging too high a price and reducing incentives to innovate, the “superstar ...

Chicago Booth Review blog: The market power of 'superstar ...

Chicago Booth Review blog: The market power of 'superstar' companies is growing ... The standard metric of monopoly power is the concentration ...

Why regulators need to curb the dominance of 'superstar' firms

A handful of very large firms, or 'superstar firms' have come to exert excessive market power, like the so-called GAFAM in the tech industry.

The Fall of the Labor Share and the Rise of Superstar Firms

However, the accounting treatment of intangibles cannot mechanically explain a decline in the payroll-to-sales ratio, or the rising concentration of sales which ...

The rise of corporate market power - Brookings Institution

But even if rising market power mainly reflects firms gaining dominant market share through early and successful exploitation of new ...

SUPERSTAR FIRMS IN THE GLOBAL ECONOMY

The role of large firms in the world economy is self-evident from a casual reading of news reports, and is confirmed by recent empirical research.

Rise of the superstar firms: Taking oligopoly seriously in ... - CEPR

Market power is back on the agenda of politicians, as well as in research. This is due to increasing concentration in markets, increasing ...

What every CEO needs to know about superstar companies

We are also struck by the fact that the superstar phenomenon (the growing concentration of economic success) can be observed not just among ...

Exposure to superstar firms and financial distress

We find a stronger relation between bankruptcy and superstar exposure when superstars have greater market power. Next we perform cross-sectional ...

Panel on Superstar Firms and Innovation featuring Tommaso Valletti ...

Over the past decade we've witnessed the growth of so-called “Superstar Firms” in the economy. Is this good for innovation?