This article distinguishes between pro-market policies that enhance competition – so businesses that create value are rewarded -- and pro-business policies that favor specific businesses or industries. It argues that government favoritism distorts competition, undermines innovation, reduces opportunity and weakens democratic accountability, urging policymakers to prioritize competitive neutrality and institutional integrity over industry capture.
Why this resource matters
It reflects CPR’s Responsibility principle, calling for businesses to “champion healthy market “rules of the game” that foster competition on the basis of quality, price and long-term value, minimizing costs externalized to other stakeholders and aligning private interests with the broader public good.”