Please enable JavaScript.
Coggle requires JavaScript to display documents.
A giant problem; The superstar company - Coggle Diagram
A giant problem; The superstar company
Superstar Companies
Reinvented old firms (GE)
Emerging‑market champions (Samsung)
High‑tech giants (Google, Apple, Facebook)
$280bn of free digital services
Problems
Declining Competition
Market concentration rising
Top 100 US firms: 33% → 46% GDP
Start‑ups declining; more firms dying
Network effects + data advantages
M&A boom reduces competition
“Darker Arts” of Dominance
Tax avoidance via havens
30% of global FDI through havens
Heavy lobbying in US & EU
Regulations burden small firms
Social & Political Backlash
Public anger fuels populism
Fewer jobs created vs. past giants
Brexit & Trump as examples of backlash
Firms pay less tax relative to profits
Policy Recommendations
Avoid blunt anti‑business populism
Strengthen global tax cooperation
Modernise antitrust for digital markets
Enable data portability
Scrutinise acquisitions
Enable data portability
Prevent platform self‑preferencing
Ensure multiple online identity options
Historical Parallel (1860–1917)
Innovation → brief competition → oligopoly
Close ties between business & politicians
Backlash destabilised liberal order