In most countries multinational companies and their products are becoming more and more important. This trend is seriously damaging out quality of life. do you agree or disagree?

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Multinational corporations are large companies with operations in several countries across the world.
For
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example
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, Apple, and Microsoft. Having extensive financial resources, they are able to make fundamental changes
such
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as economic flourishing, which is why they are becoming significant.
However
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, are all those changes has increased our life standard? In will essay I explain why they
are have
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have
negative effect
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a negative effect
on us. If you look closely at the economic activities of these
corporation
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corporations
, you will see how they can hurt
economy
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the economy
and market of a country in different ways.
First
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, their market dominance makes it difficult for local small firms to thrive.
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example
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, it is argued that
big supermarkets
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the big supermarkets
are squeezing the margins of local corner shops, leading to less diversity.
Furthermore
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, these
organization
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organizations
are often interested in remuneration at the expense of the consumer. They often have monopoly power which enables them to make an excess revenue. Take Shell as an
example
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. They made profits of £14bn
last
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year.
Thus
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, with unemployment of small business owners and workers as well as rising prices, the country's economy will suffer significantly. Not only that, environmental issues should
also
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be taken into account. In the pursuit of profit, they often contribute to pollution and use of non-renewable resources which is putting the environment under threat.
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example
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, some MNCs have been criticized of outsourcing pollution and environmental degradation to developing economies where pollution standards are lower. As
result
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a result
, their activities are associated with irreparable damage to the environment. To conclude,
although
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presence
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the presence
of multinational firms is being commonplace around the world,
effects
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the effects
of their presence must be carefully examined. Among the most important consequences of their activities, negative impact on the microeconomics and environmental degradation are more prominent. I personally believe
this
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corporations
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corporation
are generally have been diminish out quality of life considerably and only by enacting law to protect public interests should countries allow these firms start their business,
otherwise
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there will be lasting harm.

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