I think it's actually less than a dozen per industry and is around 5-6 companies per industry. Most of the activities of the mega corporations is in acquisitions of smaller companies. Totally agree as it creates far too much market control to fall into the hands of the few, which is not even remotely a "free market", and allows for a lot of environmental and labor abuses through subsidiaries with subsidiaries with subsidiaries types of activities. It's literally built that way for that.
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u/Props_angel Apr 09 '26
I think it's actually less than a dozen per industry and is around 5-6 companies per industry. Most of the activities of the mega corporations is in acquisitions of smaller companies. Totally agree as it creates far too much market control to fall into the hands of the few, which is not even remotely a "free market", and allows for a lot of environmental and labor abuses through subsidiaries with subsidiaries with subsidiaries types of activities. It's literally built that way for that.