Small businesses, once the backbone of American economic opportunity, are increasingly pressured by private equity firms. These firms target local companies by acquiring competitors and centralizing operations, leading to decreased competition and market control. The result is that independent owners face tighter margins and economic instability. For instance, family-run office supply stores have been replaced by large corporate entities like Office Depot. Ultimately, this trend results in fewer business owners, reduced upward mobility, and increased risk of bankruptcy among acquired companies.
Today, small-business lifeblood is being squeezed by private equity firms that target local businesses to eliminate competitors, control markets, and raise prices.
Companies acquired by private equity are 10 times more likely to go bankrupt than their peers, reducing consumer benefits and community wealth.
Collection
[
|
...
]