Social costs of industry concentration & market abuse
We estimate that companies will cause at least $7.4 trillion of harm through anti-competitive practices and market abuse in 2021. Recent studies have found that the increased industrial concentration has allowed businesses to stifle competition, impose switching costs, reduce quality of products and increase prices.
Our data platform monitors the competitive practices of each company in our universe, including pricing & switching costs, transparency, margins, product quality, innovation, customer satisfaction.
We use our artificial intelligence engine to analyse this data and translate into a dollar social cost, incorporating top-down estimates of the impact of industrial concentration.