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A giant problem: superstar company (More concentration, less focus (Global…
A giant problem: superstar company
Two big faults
Squashing competition
darker arts of management
Result in risky backlash
destroy the liberal order in Europe
More concentration, less focus
Global trend, 2x 90's
Start up businesses are drying
GDP rose 13% and assets up 25%
Modern tech lowering barriers
Squeeze out costs
30% FDI through tax havens (transfer pricing)
tax codes are penalising small firms then large ones.
Tech as increase income but decrease employees
Tax avoidance are bring prevented
reinvent policy for digital age
1917 & all that
1980's
State-protection of AT&T & British leyland
1860 - 1917
Global economy reshaped for steel & oil
Electricity & combustions engines
More companies for superstar companies to keep them on their toes,