Snap Fact | Are companies gaining more market power?
By global standards, markups at Indian firms was relatively low at 1.32 in 2016, a 0.34 points increase from 1980. However, within Asia, the Indian markup increase ranked third ahead of Japan, Indonesia, and China
Mumbai: Apple’s race to a trillion-dollar market capitalization has again raised concerns about the concentration of wealth and power among a few companies.
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