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Financial world dominated by a few deep pockets

Ja'Achan (827610) writes | more than 3 years ago

0

Ja'Achan (827610) writes "Conventional wisdom says a few sticky, fat fingers control a disproportionate slice of the world economy’s pie. A new analysis suggests that the conventional wisdom is right on the money. In 2007, a mere 147 companies controlled nearly 40 percent of the monetary value of all transnational corporations, researchers report in a paper published online July 28 at arXiv.org."
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