Antitrust Policy Has Missed the Forest for the Trees

The stock market and corporate profits are soaring as wages continue to stagnate and everyday Americans struggle to make ends meet—let alone plan for retirement. Consumers, workers, farmers, and small-business owners face a litany of sharp practices in the marketplace.

There is a common force lurking behind these indicators, impacting the prosperity of average Americans in a complex web of economic forces. The effects of declining competition are everywhere—if you know where to look.

This article was originally published in MarketWatch.