Problem
Monopolistic activity by transnational enterprises
Other Names:
Transnational monopoliesTransnational monopolies in developing countries
Nature:
The predominance of transnational enterprises, including transnational corporations, in world economic affairs can often create monopolistic structures which reduce world efficiency and may displace or prevent alternative activities. The concentration of transnational enterprises on the production and consumption of certain types of products and services not only influences consumption patterns but, in developing countries, often responds mainly to the demand of small segments of the population.
Incidence:
Transnational corporations increasingly gain proprietary rights to improved seed varieties, often without recognizing the rights of the countries from which the plant materials were obtained. Much of this material originates in developing countries.
Broader Problems:
MonopoliesAnti-trust corporate behaviourMonopoly of the economy by corporationsUnethical practices of transnational corporations Narrower Problems:
Monopolization of technology by transnational corporationsRestrictive transnational corporation control of bulk shipping Related Problems:
Discrimination against local community shopping facilitiesUndue control of industries and sectors by transnational corporations Subject(s):
Action → Action Commerce → Conditions of trade
Commerce → Multinationals
Related UN Sustainable Development Goals:
Problem Type:
E: Emanations of other problems Date of last update
04.10.2020 – 22:48 CEST