I think you're making a mistake confusing the way things are today in terms of market concentration with the way things were in the past. In terms of market con

I think you're making a mistake confusing the way things are today in terms of market concentration with the way things were in the past. In terms of market concentration in the US at least, things were massively different even 20 years ago. Adding a link to the Boston Fed report on it from a couple years ago: https://www.bostonfed.org/publications/current-policy-perspectives/2022/cost-price-relationships-in-a-concentrated-economy.aspx https://www.bostonfed.org/publications/current-policy-perspe...