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?

Many countries have tremendous companies, which are taking over their marketplaces. It is leading tiny
businesses
are not able to fight with them. In
this
situation, they have the advantage,
for example
, safety products and the disadvantage,
such
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
, 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
, the product, from large
businesses
, is reliable to consumers,
in other words
, consumers are able to buy them without intensively looking over them.
In contrast
, 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
of the whole country.
For instance
, some states in the US have been monopoly
internet
Change preposition
on internet
show examples
service.
As a result
, consumers need to pay high costs because the price is relying on the company, not the marketing
system
.
Therefore
, it is severely harmful to the economic
system
chronically. In conclusion, the large
businesses
that control the market
system
are safe to consume and they are reliable. Whereas, they are monopolies that are dangerous for the whole economic
system
of the country. It is clearly the disadvantages outweigh the advantages. Many countries should be careful and watch over vast
businesses
.
Submitted by kongsakun on

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