Money & Macro Talks
Are monopolies really taking over the economy? | Brian Albrecht
Big Tech has never been bigger. Google, Amazon and Metaserve more customers and earn bigger profits every year, and AI companies are claiming a growing share of the stock market. For many, that's a warning sign: the bigger these firms get, the harder they are to challenge, and the easier itbecomes to charge more and deliver less without losing customers. It's the opposite of how competitive markets are supposed to work, and the reason calls to revive antitrust enforcement keep growing louder. But is market power really on the rise? And are monopoliespart of why everything feels so expensive? In this episode, Alejandro talks with Brian Albrecht, chief economist at the International Center for Law & Economics, about what the data actually says on markups, competition and corporate power, and why economists disagree so sharply about it.
