8min chapter

The Missing Middle with Mike Moffatt and Sabrina Maddeaux cover image

How Corporate Consolidation is Ruining Everything: Discussion with Denise Hearn and Vass Bednar

The Missing Middle with Mike Moffatt and Sabrina Maddeaux

CHAPTER

The Perils of Market Consolidation

This chapter explores the challenges posed by high market concentration on productivity and innovation in Canada. It highlights the dominance of gatekeepers and acquisition pressures that hinder new businesses, while examining the alarming trend of financial engineering over true startup innovation in public markets. The discussion also considers the implications of exchange-traded funds (ETFs) and their role in shaping competition and market dynamics.

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