Biggest Monopolies In The World: Most Do Business In Africa

Written by Keren Mikva

Many of us tout the importance of capitalism and a free market, but worry about the ease with which monopolies are formed and the influence they quickly amass. In every sector, some companies have managed to corner impressive market shares, crowding out competitors and making it difficult to rein them in. Some have a visible presence that we are reminded of daily. Others wield power and influence behind the scenes. Most if not all do business in Africa. Check out some of the biggest monopolies in the world.

This article first appeared on Oct. 3 2013.