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I have yet to see any single example of 'sovereign trans-national' corporations, AFAIK big companies are definitely from their mother-country, no matter how man
by rjaco31 11y ago
I have yet to see any single example of 'sovereign trans-national' corporations, AFAIK big companies are definitely from their mother-country, no matter how many subsidiaries or branches they have.
- TeMPOraL 11y agoThere've been cases of big companies suing whole countries (Philip Morris vs Australia comes to mind). While they may be not technically sovereign entities yet, it seems to me that some megacorps have enough power to successfully compete with governments.
- rjaco31 11y agoSure, but they still remain US companies, and it's basically the main fact that allow them to do so (the US government negotiated treaties with countries so that US companies can sue their government).