1. As companies grow, they merge with each other and move closer to an oligopoly or even a monopoly.
2. The larger companies grow, the more likely they are to downsize for productivity.
3. The spread of American media to other nations makes the American corporations stronger at the expense of the foreign culture's development.
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In terms of becoming a monopoly the cable industry is a perfect example. Due to limited compitition they have become the primary source of news and entertainment in many homes.
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