Market consolidation around innovators or market giants can lead to a number of implications. Firstly, it can lead to a decrease in competition as smaller companies may struggle to compete with these giants. This could potentially lead to higher prices for consumers. Secondly, it can lead to increased innovation as these companies have the resources to invest in research and development. Thirdly, it can lead to increased market stability as these companies are often more resilient to economic downturns due to their size and resources. However, it can also lead to increased risk of monopolistic behavior and reduced diversity in the market.
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