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Daniel Prinz

Daniel Prinz is a young professional at the World Bank. His research focuses on public finance, including tax and fiscal policies, social insurance programs, and inequality. He received his PhD from Harvard University.
Antitrust and Competition

Firm Consolidations Hurt Workers, But Likely Not Because of Market Power

Sabien Dobbelaere
In new research, Sabien Dobbelaere, Grace McCormack, Daniel Prinz, and Sándor Sóvágó find that mergers negatively impact labor market outcomes. Mergers result in job losses, and the earnings of workers who lose their jobs don’t recover for several years on average. The authors find these negative consequences are more likely attributable to the restructuring of labor forces than subsequent firm market power.

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The publication of the Stigler Center at The University of Chicago Booth School of Business

ProMarket is dedicated to discussing how competition tends to be subverted by special interests. The posts represent the opinions of their writers, not necessarily those of the University of Chicago, the Booth School of Business, or its faculty. For more information, please visit ProMarket Policy.