Over half of the world's 100 largest economic entities are transnational corporations (TNCs), not nations. TNCs have unprecedented power to shape social, economic and trade policies. Corporate hegemony is usurping the role and responsibilities of national governments, threatening democracy and human rights. Over the past two decades ETC Group (formerly as RAFI) has monitored corporate power and trends in the "life sciences." Consolidation, technological convergence and non-merger corporate alliances are among the trends examined in this issue of ETC Communiqué.
Oligopoly, Inc. - Concentration in Corporate Power: 2003