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America’s Consolidation Obsession Threatens Family Businesses | Opinion
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Newsweek
For decades, we’ve celebrated consolidation as though it were synonymous with innovation.
I believe businesses should be able to share purchasing power, technology investments, AI capabilities, expertise and operational infrastructure without surrendering the ownership that makes them unique.
Nearly 40 percent of CEOs believe their businesses will not remain economically viable over the next decade without significant reinvention.
If we continue treating consolidation as the only road to competitiveness, we won’t simply end up with fewer businesses.
I believe we’ve spent decades reinventing technology.