The Difference Between Pro-Business and Pro-Market Policy

People toss around “pro-business” and “pro-market” as if they mean the same thing. They don’t. The difference comes down to who gets the state’s help. A pro-business policy improves the position of specific firms or industries. A pro-market policy improves the position of competition itself. For anyone doing regulatory forensics, the distinction matters because the […] The post The Difference…