The thesis behind private equity is: people from finance can run small business better and more efficiently than small businesses owners.
A small part of that is more efficient administration. But the bulk of it is squeezing the customers harder, and squeezing the business for credit. Sometimes combined with a sector roll-up causing a monopoly.
Trust busting would help a little. But a lot of the pain comes from the squeezing of customers. And that’s much harder to fight back on, other than avoiding private equity.
A small part of that is more efficient administration. But the bulk of it is squeezing the customers harder, and squeezing the business for credit. Sometimes combined with a sector roll-up causing a monopoly.
Trust busting would help a little. But a lot of the pain comes from the squeezing of customers. And that’s much harder to fight back on, other than avoiding private equity.