In August 2018, Apple became the first U.S. company to reach a value of $1 trillion. According to NBC News, if Apple were a country, it would be the 27th-richest nation in the world (Newcomb,...

In August 2018, Apple became the first U.S. company to reach a value of $1 trillion. According to NBC News, if Apple were a country, it would be the 27th-richest nation in the world (Newcomb, 2018). Schiller (1995) argued that these corporations promoted deregulation and privatization of industry worldwide, notably in the telecommunications sector.