**Multinational companies are becoming increasingly common in developing countries. What are the advantages and disadvantages of this?**

In developing

countries

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, multinational

companies

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are growing rapidly and becoming more common.

This

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can improve the economies of

countries

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through taxes and generate new job opportunities for the citizens,

while

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it probably will hinder the growth of smaller

companies

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and sell private

data

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of their people. On the one hand, the monopoly caused by these large

companies

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might impede the development of their smaller competitors, as they tend to control the whole market.

This

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is because multinational

organizations

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usually have substantial power that gives them the opportunity to leverage the national market.

As a result

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, the local comparatively weaker

companies

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can not temper

this

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competition and eventually go bankrupt.

Furthermore

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, multinational

organizations

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gather

data

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from local citizens and sell them to other governments, as

such

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personal

data

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may cost billions of dollars and give strategic insights to other

countries

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. With users from more than 150

countries

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, Facebook,

for instance

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, conceded that they were compelled to provide the private information of their users to the US

government

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.

On the other hand

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,

such

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big

companies

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may bring enormous profit for the local country since they pay the bills to the

government

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for operating on their land. Indeed, multinational

organizations

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' flow of cash is extremely large, and,

accordingly

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, they must pay as enormous money to the

government

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as taxes.

Additionally

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, these

companies

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usually create their offices there

as well as

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job opportunities.

This

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may help to lower the unemployment rate and enhance the general wealth of the population. To illustrate

this

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, Apple paid 12 million US dollars as taxes to the Ireland

government

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and built over 10 workplaces there. In conclusion, multinational

organizations

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can improve the economies of those

countries

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and induce new job opportunities,

while

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they may have drawbacks, like excess monopoly and sale of private

data

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.