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Mike Lee: “Consolidation has led to a smaller number of major players…”

Featuring: Mike Lee, Republican | U.S. Senate from Utah

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Senators Cory Booker and Mike Lee Discuss USDA Oversight and Healthcare Antitrust Issues

Published | Video Starts at 10:22

Right, That's a great point. And some of those monopolies, or there's been consolidation in the industry, that Consolidation has led to a smaller number of major players having a significant sort of dominant control over that industry. in part because the regulatory nature of things will tend inevitably to make it easier for a startup, a new competitor, to come onto the scene. Yeah, that's an entrenched problem. (10:22–10:32)

CLAIM

Asserts that industry consolidation has resulted in fewer major players with dominant control.

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