AAI remains at the forefront of promoting the connection between vigorous competition and creating incentives for risk-taking and entrepreneurship.
Entrepreneurial activity is essential to economic growth but recent research documents a decline in market entry. This slowdown in entrepreneurship and the increasing rate of failure among early-stage firms may be linked to growing consolidation. AAI’s path-breaking work on why and how antitrust should consider the effects of market power on entrepreneurship has brought together different disciplines to better shape and prioritize enforcement approaches.