Monopolies Hurt Low-Income Households the Most, Widening Inequality
The study looked at how monopoly power affects households with different incomes. They used data on what people buy to see how much money households lose when companies have too much control. The results showed that low-income households, like those relying on government help, suffer more from monopoly power than high-income households. This means that even if everyone loses money from monopoly, it hurts poorer families the most.