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BlackRock Inc is relatively unknown outside financial circles, but it owns the largest share in the biggest 299 companies in the world. Edward Munoz/Reuters

Who owns the world? Tracing half the corporate giants’ shares to 30 owners

Today the world is dominated by 30 financial corporations that hold more than half the shareholdings of its corporate giants. And they follow the logic of finance capital – the logic of money.
If a state-owned port is sold at a higher price with competition restrictions, consumers will pay higher prices in the future because of these restrictions. AAP/Martin Philbey

Selling ports and other assets: why anti-competitive deals to boost prices cost the public in the end

State governments are now seeking to maximise the price of privatised assets by adding sale terms that restrict competition for the future private owners. That amounts to a hidden tax on consumers.

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