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by candiodari
3244 days ago
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Most very successful businesses are government monopolies or oligopolies, and are the result of the state continuously interfering on their behalf over a period of decades or more. Sometimes multiple times. At least here in France. The really big companies are France Telecom/Orange, GDF/Suez, Total, BNP Paribas, Sanofi, EDF and Societe Generale, maybe Renault. All fit this pattern. None are the result of innovation, the closest would be Sanofi and Renault up until WW1. I have not yet been to another country where it was different. |
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