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Issues

Multinational Monopoly

Foreign-owned multinational companies control 70% of world trade, and their brands make up 85% of the products in the average Australian grocery trolley. Top selling milk brands, 'Rev' and 'Pura', are owned by Italian multinational Parmalat and Kirin Holdings of Japan, respectively. Out of the top 100 brands sold in Australian supermarkets, just 15 are Australian owned, and these are owned by just 10 companies.

  • Choose Australian-owned brands .
  • Shop at locally-owned businesses. For every $100 spent with a locally-owned firm, $68 remains within the local economy. The same $100 spent with a multinational sees only $43 staying local. This supports local jobs and we have more guarantee of fair wages and conditions for workers. See more at www.fightbacknews.com.au

 

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* The contents of these u-tube links are not necessarily endorsed by the Ethical Consumer Group. Rather these are discussion starters about the relevant issues.