New finding: in 49 Australian industries the major firms are owned by common investors

Written by The Conversation

Novikov Aleksey/Shutterstock

In more than a fifth of Australia’s industries, the two biggest firms control at least half the market.

Think of telecommunications, supermarkets, department stores, packaging, airlines, hardware, service stations, cinema chains and commercial television.

In industries like these there’s a temptation to share...

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