The Economist (March 26)
2016/ 03/ 27 by jd in Global News
There is “a corrosive lack of competition” among big firms in the U.S. “The naughty secret of American firms is that life at home is much easier: their returns on equity are 40% higher in the United States than they are abroad. Aggregate domestic profits are at near-record levels relative to GDP. America is meant to be a temple of free enterprise. It isn’t.”
Tags: Competition, Corrosive, Domestic profits, Free enterprise, GDP, ROE, U.S.
