8min chapter

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598. Is Overconsolidation a Threat to Democracy?

Freakonomics Radio

CHAPTER

Rise of Myopia and the Eyeglass Industry

This chapter discusses the growth of myopia and the eyeglass market in China, along with the impact of industry consolidation on democracy. With insights from an eye doctor and Tim Wu, the episode questions the effects of concentrated industries like the eyewear market, exploring issues of pricing, market abuses, and the evolution of a well-known optical business.

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