
I believe some corporations could become too powerful if allowed. If large corporations were given too much power they could change to United States as we know it. They could change the wages people are paid, the amount of hours people work, and the age of which they can start working, for instance child labor. I think large corporations need basic laws. I also believe large corporations are very important in our society. They provide many of the jobs over the whole world and they can make a mass amount of product a lot faster and cheaper than a smaller corporation. Some corporations take advantage of their size and try to buy out people and things unlike some of the smaller corporations or businesses that can not afford to do something that a large corporation can do. For instance, predatory pricing, which is illegal but do not always get caught. Predatory pricing is where a large corporation will lower a price on a certain product so low that they will be breaking even or losing money just to make a smaller competing business go broke because they can not buy in bulk or lose money on a certain product like a large corporation can. For an example, there was a case a few years back were Wal-Mart had bought a certain type of medicine in bulk and lowered the price so much that they were losing money to try and put a smaller local pharmacy out of business because they didn't want to have any competition. They ended up getting into trouble for predatory pricing.
Walmart Lawsuit