Is There Too Much Power and Concentration in Big Tech?

The video discusses the concentration of power in big tech, focusing on Amazon's role in the retail market. It highlights the importance of defining market power and how market definition affects competition analysis. The discussion extends to consumer benefits, antitrust concerns, and the impact of large firms on innovation and market entry. The video emphasizes that market share is just the beginning of the analysis, and other factors like innovation, consumer choice, and product quality are also crucial.

In what ways can consumer benefits be evaluated beyond just price?

What concerns arise when dominant players in the market hinder innovation?