How monopolies caused havoc around the world in 2025
In December 2025, concerns arose globally about the negative impacts of monopolies. The head of MI6 warned that technology firms are gaining political power rivaling nation-states, potentially manipulating information and influencing political outcomes. This is exemplified by a few US tech giants dominating social media and Elon Musk controlling Starlink. Beyond technology, monopolies are causing economic disruption, such as rising airline prices in India due to a market duopoly. A proposed merger between Netflix and Warner Bros is also raising concerns about stifling creativity, restricting consumer choice, and creating a streaming monopoly. The article highlights the growing economic and political influence of monopolies across various sectors.