In many places, large chain stores are taking over the marketplace, making it impossible for small businesses to compete with them. what are the advantages and disadvantages of this situation?

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Many countries have tremendous companies, which are taking over their marketplaces. It is leading tiny
businesses
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are not able to fight with them. In
this
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situation, they have the advantage,
for example
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, safety products and the disadvantage,
such
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as monopoly. Nowadays, safety is important in our lifespan. The large store shows their certificated signs that are showing safety, eco-friendly, and reliable. If we consume without reliable certification, we would be damaged.
For example
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, I can buy meat in a large grocery shop and rely on them. If I buy from small business shops, I should intensely check the quality of them for making sure that I would not get any illnesses after eating them.
Thus
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, the product, from large
businesses
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, is reliable to consumers,
in other words
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, consumers are able to buy them without intensively looking over them.
In contrast
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, the large business, which is taking over the marketplace, is a monopoly. According to Wikipedia,
monopoly
Correct article usage
a monopoly
show examples
is harmful to the micro and macroeconomic
system
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of the whole country.
For instance
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, some states in the US have been monopoly
internet
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on internet
show examples
service.
As a result
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, consumers need to pay high costs because the price is relying on the company, not the marketing
system
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.
Therefore
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, it is severely harmful to the economic
system
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chronically. In conclusion, the large
businesses
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that control the market
system
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are safe to consume and they are reliable. Whereas, they are monopolies that are dangerous for the whole economic
system
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of the country. It is clearly the disadvantages outweigh the advantages. Many countries should be careful and watch over vast
businesses
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.
Submitted by kongsakun on

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