Hello there! From time to time we at the business desk are pleased to bring
you an article of interest and for this week we have a great one for you!
We now invite you to read on!
The Sterling Creations team
Contributed by Dan Thompson
If you think the 19th century was the age of monopolies with companies like
Standard Oil Company and U.S.
Steel, think again.
Today’s mega-corporations are staggering in their scope; spanning the world
and worth trillions of dollars.
Swatch is the largest watch company in the world, with brands that cover the
entire price spectrum and sales exceeding $8 billion
and employing 33,000 people.
Luxottica controls almost every high-end eyewear in the market. They own 80
percent of the major brands of eyeglasses. They own
Prada, Tiffany and Co., Versace, Chanel, Dolce & Gabbana, Rayban, Oakley,
and many more.
At 926 aircraft, the American Airlines fleet is larger than the British Air
Out of thousands of non-alcoholic beverage brands, only about 40 of them are
billion-dollar brands, and Coca-Cola owns 20 of them. These brands help them
bring in $43 billion in annual sales.
The Walt Disney Company owns properties all across entertainment. Their
property Lucasfilm Ltd owns the rights to Star Wars and Indiana Jones. The
A&E Network includes channels like The History Channel and A&E. They own the
digital media brand Maker Studios, which owns some of the biggest channels
As of 2015 Google has acquired 184 companies. It is estimated that Google
has spent $28 billion on these acquisitions, which include; Motorolla,
Double Click, YouTube, Admob and ITA Software.