Since 2008 a ten-trillion-dollar merger wave has concentrated two-thirds of the US economy

Evidence

When a publication as pro-free-market as The Economist is bemoaning increased concentration and inadequate competition, documenting a $10 trillion wave of mergers since 2008 and that two-thirds of the economy has concentrated since 1997, you know the situation is dire. — Andrew deWaard, Derivative Media, 461

Categorization

• SHARE: The $10 trillion since 2008 / two-thirds concentrated since 1997 stats are exactly the kind of number worth sending to someone working on consolidation in any industry.