Times of Oman | News :: Oman must break down monopolistic business regime:
"A few giant businesses have been dominating the private sector for many years, often forcing small and medium businesses in certain sectors like construction, consultation services and supermarkets to shut down, thereby stopping wider distribution of wealth.
Big businesses also ensure that the competition is taken care of by buying out small companies, thus consolidating their hold on the economy. They have the power to hike prices, cut down employment and drive hard business bargains.
The opportunities that could have rightfully gone to customers, workers and small traders are instead availed of by a handful of shareholders, powerful executives and boards of directors. It happened on the streets 20 years ago and now it is happening in stock purchases and merger of financial institutions."
'via Blog this'
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