Congressional Member’s Report Card

Congressional Member’s Report Card

WHAT? Democracy. WHO? Decides.

Perspective

Evidence & Facts

BENCHMARKING & BEST PRACTICES

  • In recent years US industries are becoming increasingly consolidated, with fewer businesses competing for customers and higher corporate profits as a result. The top four manufacturing firms control 43 percent; the top four retail trade firms control 30 percent of US sales.

     

  • Over the past twenty years, Europe has deregulated many industries, protected consumer welfare, and created strongly independent regulators. These policies represent a stark departure from historical traditions in continental Europe. How and why did this turnaround happen?

  •  Europe’s ( EU) democracies by contrast are encouraging competition and fighting monopoly power in a way that the United States no longer does. With stiffer regulation and more aggressive antitrust enforcement, EU officials actively intervene to keep individual companies and cartels from accumulating too much control. There’s no sign of this growing consolidation in European industries ranging from health care to manufacturing.

BEST SOLUTIONS AFFECT CHANGE

RESULTING IN BETTER OUTCOMES

Engage to Change
2023

"OUR STATUS QUO"

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