Evidence receipt / belief
Published · transcript-backedJason Furman: belief
26 Aug 2020 Conversations with Tyler Jason Furman on Productivity, Competition, and Growth
“I think market power is a problem in some sectors. I actually think the health sector is an example of where it is.”
Source trail
Everything needed to verify it.
- Speaker
- Jason Furman
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 26 Aug 2020
- Publisher
- Conversations with Tyler
Transcript context
…Sure, but there’s a lot of investment in tech. And while there may be market dominance, there’s not market power there in the sense of high prices and restricted output, right? So again, should we think market power is actually the problem here? I think market power is a problem in some sectors. I actually think the health sector is an example of where it is. The problem that has been very well measured and very well documented is higher prices as a result of market power. So I’m quite confident that in the health sector, market power leads to higher prices. But also more investment, it seems.…
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