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How do large companies manipulate the …

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How do large companies manipulate the market? Explain with examples.
  • 1 answers

Yogita Ingle 6 years, 10 months ago

Large companies can manipulate the market:
 1. Large companies have so much wealth and power that they are able to manipulate the market to make profits.
2. Many times, they advertise false information through the media so that consumers are attracted to the product.
3. These companies acquire greater strength when producers are few and consumers are scattered.
4. For example, a company that sold milk powder claimed for years that scientifically, it is better than mother's milk. Years of battle finally made the company take back claims.
5. Without proper rules and regulations, companies go to any extent to sell products. For example, only after many years struggle, the cigarette companies accepted that it causes cancer.

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