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in 49 Australian industries the major firms are owned by common investors

  • Written by Adam Triggs, Visiting research fellow, Australian National University
in 49 Australian industries the major firms are owned by common investorsNovikov Aleksey/Shutterstock

In more than a fifth of Australia’s industries, the two biggest firms control at least half the market.

Think of telecommunications, supermarkets, department stores, packaging, airlines, hardware, service stations, cinema chains and commercial television.

In industries like these there’s a temptation to share...

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