Small is not Beautiful
From the WSJWhy Do the Biggest Companies Keep Getting Bigger? It’s How They Spend on Tech
Your suspicions are correct: The biggest companies in every field are pulling away from their peers faster than ever, sucking up the lion’s share of revenue, profits and productivity gains.
Something has changed a bit, the big companies are killing the small ones. Look at the line Size. small-large keeps going down. Regulation helps the big guys because it's cheaper to face the costs of regulation for a huge company. If you invest 10% of sales in R&D the big guy....If you spend in marketing 10% of your sales..... There is a limit where the big and fat guy starts to get lazy and slow but I don't see that happening. This movement is good for USA because some of the biggest companies in the world are there.
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