LaughingMan2Gig
225833
3673
80
Consumer goods
Airlines
Beer
Financial assets
Cars
TV channels
Studios and media companies
Everything else
badgerofhonour
Cadbury’s being bought by kraft still bugs me. It’s already got noticeably worse.
officehometownheat9000
There should be graphic of the 500 or so people that sit on all of boards of all of those Companies.
zigzagHD
The beer and customers goods charts are outdated the concentration is worst than that by now.
lostinthoughts
#7
mikeatike
Media already out of date with Disney/Fox21
CargoManshark
This is why I've always thought boycotts are retarded.
Cheomesh
They are very difficult. Purina is my wife's preferred pet food brand, so if I were to boycot Nestlie...well, I couldn't.
YesButAlsoYes
So Michael Jackson is alive and living on Sri Lanka?
copingcabana
The bank one looks like a March Madness bracket
AntennaDibb
teddy roosevelt would throw a fucking fit if he saw what corporations were doing nowadays
RushHourRocker
PEPSICO OWNS PEPSI?!?!
paidfocusgroups
Focus Groups.
DarthSedition
But when you talk about an oligarchy you're a conspiracy theorist
mplys3
Why isn't Carlsberg on the beer one?
Imkindofnewtothis
Ionly have to give up san peligrino to avoid all nestle products in my life. They are so evil! Bottling public water for free in ca .
stew1
all forms on fractional currency = Rothschild
ThailandExpress
tacohunter3001
https://imgur.com/ukFUEEm
pbiersac
I've always liked the one about ATT being broken up and then becoming larger than it ever was before
aintgottimeforbs
That’s only because Cable and cell phones barely existed when Ma Bell was broken up.
SerialChillinSpree
Baby bells after break-up. Now consolidating more than ever for YOUR benefit.
ChainmailleAddict
"If you strike me down, I will become more powerful than you could possibly imagine" - ATT
mikeatike
Not to mention that one of the baby bells (SBC) bought ATT then renamed themselves ATT.
dropbear128
The joke about their early logo being a Death Star, The Empire did Strike Back
LaughingMan2Gig
SwagicalYololord
Divide and Conquer
MrSnowy
holy shit thats scary
mikeatike
"Verizon buys Verizon Wireless"
NothingToAdd
When none of my favorite beers are on the list
MultipleDads
Same, wheres my Modelos
Vacationdad
That list is also horribly incomplete/out of date.
KilroyLichking
You should ahow what brands phillp morris owns controling shares in
[deleted]
[deleted]
KilroyLichking
They spun off kraft to its holdig co. They still have 88% of its shares as well as controling intrest in miller coors
FlyingPandaShark
Ah yes, the ingenious illusion of choice
Devante
I love when my friend qrgues why iPhones are so dumb and Android rules. They're the same thing. You're not making a real choice.
ndmaster
At least you get to keep more of your money with Android.
ndmaster
At least none of them are monopolies!
someguyonthissite
Yet
aintgottimeforbs
Smart consumers know which brands they’re buying. Look at the mighty brands that have fallen - DEC, Panasonic, Budweiser, Pontiac, etc.
thorr97
Conglomeration makes business operations more efficient and makes them less responsive and competitive.
argast
The beer one isn't right, InBev owns alot more iirc.
KevinRyan84
The beer one is really out of date. After the InBev, AB, MC, merge it consumed almost everything else.
satchelofrichards
So, who the FUCK owns Dr Pepper then?
TheWonderworks
Doctor Pepper Snapple Group owns it. Manufactured by them in the US, The Coca Cola company in Europe, & Pepsico in Canada and Oceania.
TheWonderworks
Source: https://en.m.wikipedia.org/wiki/Dr_Pepper
BigTex1836
Dr. Pepper/Snapple Group
satchelofrichards
Thanks for the reply Tex
IHadToThinkOfSomething
Quite a lacking list. The biggest cloths emporium is missing, the biggest bank, the biggest shipping company and the biggest phone company..
SerialChillinSpree
what are they?
IHadToThinkOfSomething
1. Inditex 2. A Chinese one 3. Maersk Line 4. Again a Chinese company
jasgstock
Bank-wise - those are the 4 biggest US banks. 5th and 6th are Goldman Sachs and Morgan Stanly; right up there. Those are Big 6.
Sionas
Healthy capitalism requires competition, but it looks like that's disappearing
McFluffySundae
Same as a lot of things like keeping religion out of government, democracy, people caring about each other, communication, freedom, etc
nonCanadianGoose
Capitalism allows for free purchase and asking price. The same goes for corps they can buy what they want for the right price.
ndmaster
Really? There's no competition in any of these graphics? Please explain.
Sionas
I didn't say no competition? I said it's disappearing.
RebelSkull
Is an oligarchy a truly competitive environment?
ndmaster
Yes, we are an oligarchy. You got me.
Sedral
He meant oligopoly.
toastedspikes
Well, yes we are. Oligarchy means the rule of the few. So yes.
Alvatore
We are, though.
someguyonthissite
It also naturally eliminates competition, as we can see here... No such thing as sustainable capitalism.
SwagicalYololord
Sounds like it’s time to give it a push.
Attacker732
Is anything designed by humans truly sustainable?
Cheomesh
Probably our tire fires.
SargnargThaHardgeHag
Thank we have laws that prevent monopolies...
ndmaster
Exactly! And none of these companies are monopolies.
MrSnowy
Doubt it
ndmaster
How? Do you even know what a monopoly is?
IMSCOURGEGUR
I'm pretty sure it's getting close to it
SerialChillinSpree
Law only good as it's enforcement I suppose. B/c a 67billion company can't stand on its own leg.
TheKirkendall
Unfortunately the ones who enact and repeal laws are having their pockets filled by the companies who want those laws gone.
Alvatore
You'd think there would be a way of putting a stop to this, but history shows the only way usually requires guns and a guillotine.
Abrausedteleprot
ahahahahahahaha
Googlhupf
*DING*
V1V2Rotate
Yeah several airline mergers were prevented cause of that. NWA owned continental before buying delta
V1V2Rotate
They had to sell their stake in continental in order to merge with delta, then united merged with contenental
huhgo
The top 1% of the top 1%. The guys that play God without permission.
coolguy4206969
Playing God with permission isn't really playing God is it.
Gotbread
but its... without approval
thanksfoenothing
Also the guys getting a tax break soon?
sundaymondayhippyday
The majority of all the wealth will be soon redirected back to these noble creatures and their families
blurgh
It didnt trickle down when 8 people owned more than 3.5 billion people. im sure they just need more money.
Holemet
Why isn't the FCC under Verizon?
Gotbread
unterrated comment
Holemet
Thanks :)
Thatllbuffrightout
Something is inheritly dangerous about this, I'm just not sure what.
richardson1701
Well, there's this little period around 1929 that's rather pressingly relevant and soon to happen again because of this shit.
obamalamadingdongditch
Please report to your Prime House for your Prime Meal, Prime Citizen.
Meatwalls
Well I do like being called Prime Citizen. Makes me feel important.
CaptainStevenRogers
Monopolization is bad mmkay
BitchySadElvenMermaid
LATE STAGE CAPITALISM
cinnewyn
https://imgur.com/VJSCURy.gif
antgray
Systemic risk
MyLifeisaComplicatedDrinkingGame
The banking one is pretty horrifying.
semtex94
Easier to form cartels, like what's going on in the telecomm industry, along with what everyone else is saying.
hardytardigrade
More control in fewer hands, plus more power to combat regulation and limitation. So accelerating influence with vanishing accountability.
CrazyCatLad
Yeah I work for a major tool company and we saw an industry map like this and it was kind of depressing :/
TemetNosce000
And any politician that tries to break up these corporations would jeopardize campaign contributions for their entire party.
tomyironmane
You've never seen/read/played anything Cyberpunk, have you?
freezingpilot
The Airlines one is much like the railways at the start of the century.
foresthillsbob
This has always gone on, but they used to drive other companies out of business instead of acquiring them & preserve brand name recognition
alcaray
They did and they do drive other companies out of business.
etcnotect
The only thing is the size and global influence is a lot higher than ever possible.
alcaray
With a friendly Supreme Court, these companies can spend as much as they want to influence (buy) politicians.
ArtOzz
Monopoly, maybe. Lack of competition. Stagnation of creative process and progress? Etc. Etc.
ShouldersDeepInAHorse
Never really considered that products just wouldn't change at all, prime example is Apple I suppose, exact same phone and laptops for 15 y.
ArtOzz
In my vocational (natural born for me to do) industry the entire thing has been mud locked for 30 odd years. Not just because of the big
ArtOzz
boys running the show, its a young industry and theyve not grasped what its really about yet, but yeah, to get the resources you need to
ArtOzz
work you have to do it just the same way as it was done and people buy it. Nothing changes because the pressure for change is missing.
sahdad
More companies in the market is good for consumers, less competition means companies do what they like and take advantage of the consumer.
therealjosh4fun
No competition means they can exploit the consumer. Higher prices lower quality blah blah blah
MrPredator
Eeyup, and I'm waiting for anti-monopoly laws in the US to be a thing of the past here real damn quick.
cwagrant
That's on 2Chinz's 3018 Christmas list
ShouldersDeepInAHorse
Prime example are ISPs, the only reason they can do this is because they've monopolized themselves in certain areas.
StarrryNight
They do that anyway. Competition is a con. Just means they conspire together to be shit.
gaidinbdj
Except there's a limit to that. Depending on the product/service, economy of scale can have more benefit than more competition.
ndmaster
Please tell us how poor your choices are because of the products and services that these companies provide.
BlaineCraner
Most of them are shit anyways. Super Size Me, planned obsolescence junk.
Krzd
It's not about choices (at least not most of it), it is about prices and responsibility/accountability.
ndmaster
But, with choices, you can take your business elsewhere. So, it is about choice. That's why monopolies are illegal.
IMSCOURGEGUR
Not much choice if everything leads back to one of a handful of companies.
ndmaster
And, how are they taking advantage of you?
MrSnowy
Just... Comcast. Got me by the balls
washismycopilot
I called Quest once when my Internet had been out for months and they literally told me "we're the only option...so sucks to be you."
sahdad
By raising prices, lowering quality, cutting corners, and eliminating costumer service. When you have 5 muffin companies they compete to
sahdad
offer the best taste, texture, flavor, quality, freshness, and service at the lowest price. When there's only one they do what they want to
sahdad
the costumer, charge high prices for junk, because what are you gonna do, you cant go somewhere else with your business. tough luck.
tdanewman
You get Trump
namiasdf
This is the natural conclusion of a corporate capitalist society, without regulation barring ultra-competitive behaviours.
Sedral
Yeah, survival of the fittest in the corporate jungle.
Patrickt333
Regulation from the ultimate Monopoly, government?
CapsShield
(hmm add to the discussion in a meaningful way?...Nah) Found the communist lol
jasgstock
No - this is the natural conclusion of too much regulation. Big companies can ensure regulation stifles competition.
toastedspikes
What's stopping a company buying out all its competition? Isnt that the most logical thing to do in capitalism?
ImHereToTellYouThatsWrong
It's also unlikely to end another way, capitalism is centralizing in any guise.
jasgstock
What's stopping new competition from popping up?
toastedspikes
So once again, what's stopping corporate conglomeration. Certainly in cases of unregulated infrastructurally high industries eg water,power?
toastedspikes
High starting cost, strong, established competition willing to do and spend quite a lot to throttle any rivals,infrastructural limitation...
dasklaus
You can't really compete with mass-production, but also they can afford to lower prices way below production cost to kill competition.
namiasdf
Aye, the brainwashing is strong as fuck.
ChainmailleAddict
What do you think regulations are for?
ndmaster
Yes, having multiple choices for entertainment, energy, banking, food, household goods is very dangerous.
alcaray
The whole point of the post is that because of these consolidations, you have *fewer* choices.
ndmaster
Really, do you?
alcaray
do you know how to read a diagram at all? it was there. Yes I have fewer choices. So do you.
searrowsmith
More like the illusion of choice. The concern is that these corperations are so much bigger than one person that they dont care 1/2
ndmaster
Yes, Disney just puts out total shit that no one likes.
searrowsmith
The individual. There could come a time when they dont need to apologize for scummy practices because there wont be real competitors. 2/2
ndmaster
You worry about a time that that may come. Instead, why not go be productive and build a better mousetrap.
hardytardigrade
Ah yes. Don't worry about where we are headed as a society, just try to get yours and forget about the big picture...
ndmaster
Scummy practices like what? Make beer with alcohol? Food that is nutritious? Movies that are entertaining?
searrowsmith
Yeah movies that are entertaining like the new marvel movies and star wars tlj, those were great. /s
Krzd
or perhaps spying on you?
hardytardigrade
Those things depend on competition to exist. Consolidation removes competition.
hardytardigrade
What about "consolidation" means an increase in "multiple choices" to you?
GreenYawgmoth
Libertarians are bad at fully understanding economic concepts and realities.
ndmaster
Did you look at the charts? I saw no monopolies!
hardytardigrade
1) Did you see a claim that total monopolies currently exist? 2) What about "consolidation" means an increase in "multiple choices" to you?
ndmaster
Coo solidation does not necessarily mean fewer choices. These charts also only represent the very largest publicly traded companies.
toastedspikes
Did you read the comment? He said consolidation. Also, how is ensuring you can buy out your competition NOT the best thing you (contd)
toastedspikes
...can do as any company in a capitalist system, unregulated or not? Why Would'nt a company attempt to establish a monopoly?