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But critics say the rapid growth of the industry raises troubling concerns.
But these days less than one-fifth of the money the industry raises goes on providing venture capital for young firms.
As the pharmaceutical industry raises prices on already costly groundbreaking treatments, even Americans with insurance coverage find them to be unaffordable.
"The cable industry raises rates to make more money, to cross subsidize its data and telephone businesses and to pass through legitimate cost increases," he said.
Preliminary tracing of the cow to Canada, though generally good news to the American cattle industry, raises potentially tricky issues for officials and regulators.
Bain's decision to enter China's fast-growing surveillance industry raises questions about the direct role that American corporations play in outfitting authoritarian governments with technology that can be used to repress their own citizens.
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The industry raised less than $3 billion in 1992.
The acquisition, one of the biggest ever in the drugs industry, raised expectations of more consolidation.
By buying ethically farmed meat, Chipotle actually helps the industry raise its standards.
The $35.1 billion merger of Publicis and Omnicom, creating a new behemoth in the advertising industry, raised eyebrows for many reasons.
In laying out its case, the Justice Department quotes US Airways executives describing how consolidation had helped the industry raise fares.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com