Redalgo
Sr. Member
Posts: 2,681
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« on: April 17, 2014, 09:17:44 AM » |
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« edited: April 17, 2014, 09:26:10 AM by Redalgo »
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I think the wording is poor and that transnationals are much more common and significant here than multinationals but what I focus on in the question is whether anti-trust legislation seems appropriate. Answering "strongly agree" on #20 is my way to express a belief that, if left improperly regulated, at least some businesses will seek out means of distorting or discouraging competition, eventually leading a "genuinely free market" to undo itself. The state is not the only source of detrimental meddling here.
This is an especially significant problem abroad when a corporation can sometimes wield more power than the banana republic in which it is seeking to make handsome profits. The whole economy of a country can rely on one or two exports and will suffer terribly if anything goes wrong in getting those goods produced and shipped out. Nestle bullying around small countries in Africa provides a decent example, though I do not recall if cocoa-producing countries forming a cartel sufficiently dealt with the problem.
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