Shervin Pishevar has probably mentioned a subject that many individuals in the country don’t want to be associated with. The Uber investor posted a message on Twitter blaming the government for allowing a particular group of companies from dominating the economy through monopolistic tendencies that don’t give room for other small organizations to grow. It is in public knowledge that only a few companies have developed to the expected levels in the country.
All the small companies have been experiencing difficulties in trying to establish themselves in the market. Their problems can be attributed to robust competition from the large organizations that started their operations some few decades ago. The competition is not only based on prices but also in other aspects, some of which the government has had a direct role. Shervin Pishevar is quick enough to unearth some of the unknown mysteries in the corporate world.
According to Shervin Pishevar, large corporations in the United States such as Alphabet, Microsoft, Amazon, Facebook, and Apple appear as if they are government parastatals due to the benefits they have been getting from the government. Pishevar calls them the five monopolies and has a perception that displacing them in the industry would require much than the normal business competition. It appears as if each of the unicorns has strategically positioned itself in a particular sector.
One of the strategies that the five monopolies have been using to control and dominate the market is through price domination. Due to the fact that these organizations have a strong financial basis, they set their prices lower than the market price which causes small startup companies to adjust their rates. Shervin Pishevar continues to highlight that small organization later collapses as they are not able to operate in a market that sells products below the market price.
Shervin Pishevar has also come up with another idea of how the five monopolies have been getting support from the government. Most of these companies have been taking over small companies through hostile strategies, which is a clear illustration that small companies don’t have a room for growth in the country. The problem is that the government watches without doing nothing as small companies are a takeover by force.