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SMEs and Big Corps: Who Controls the Markets and who grows the Economy?
27 March 2026by Jordan Thijssen
EconomyMarketsSmall BusinessBig CorpCommunity
SMEs and big Corps: Who Controls the Markets and who grows the Economy?
Market Control
Large global corporations undeniably control global markets. They control significant shares in sectors like technology, retail, and manufacturing due to influence, vast resources, and global reach. Their ability to innovate and capture consumer loyalty enables them to maintain competitive advantages. However, according to a 2021 European OECD study SMEs make up 99% of all registered businesses, employ 2/3 of the workforce and contribute over half of the economy's GDP.