@techreport{3e7de5df38e64e719b2d6781a5ad9b1e,
title = "Rising corporate market power: Emerging policy issues",
abstract = "Corporate market power has risen in recent decades, and new estimates in this note suggest that the likely wave of small and medium-sized enterprise bankruptcies from the ongoing pandemic will further strengthen market concentration. Whether and how policymakers should address this issue is hotly debated. This note provides new evidence on the policy relevance of rising market power and highlights possible implications for the design of competition policy frameworks and macroeconomic policies.",
keywords = "Market power, Business dynamism, Mergers and acquisitions, Competition policy, Digital economy, Monetary policy",
author = "Ufuk Akcigit and Wenjie Chen and D{\'i}ez, \{Federico J.\} and Duval, \{Romain A.\} and Philipp Engler and Jiayue Fan and Chiara Maggi and Tavares, \{Marina Mendes\} and Schwarz, \{Daniel A.\} and Ippei Shibata and \{Villegas Sanchez\}, C.",
year = "2021",
month = mar,
day = "15",
doi = "10.5089/9781513512082.006",
language = "English",
series = "Staff Discussion Notes",
publisher = "International Monetary Fund (IMF)",
number = "2021/001",
pages = "1--34",
address = "United States",
type = "WorkingPaper",
institution = "International Monetary Fund (IMF)",
}