Strategy for Dominance of Multinational Conglomerates

Abstract

This paper we understand the significance of multinational companies controlling the market through mergers, acquisitions and investments in various countries this is how it makes dominance in the market. According to OECD in 2018 MNCs control between third of the world’s production. The ability to control the market is done by various socioeconomic and political factors which give the MNCs a edge compared to the small corporations competing in the same sector. In this research we deeply scrutinize the special benefits and advantages obtained by MNCs which in turn favors them to dominate the market. Keywords- Conglomerates, Monopoly, MNCs , Disrupt Monopoly, OECD, Socio-economic