And how many of those multinationals are from the Middle east? Or are they from more "western" countries?
It was not implicated that they are from the Middle East (Although a big chunk of their shares are in the hands of Arabs) It was an example how an unregulated free market destroys local markets in countries not able to compete or defend themselves for different reasons. The UAE state sponsored airlines, not hampered by any consumer or employee protection laws or anti trust regulations, are using their IMHO unfair advantage to conquer the global market and cry foul when they got slapped on their greedy hands by sovereign gouvernments who have the right to protect their economy against it!
This goes of course also for the big players like Nestle and all the other giants eliminating fair trade worldwide...with the help of their gouvernments.
i.E. US subsidized corn or EU subsidized sugar is offered in Africa below local market prices and is ruining the farmers...
Again, I am not against globalization in general (can't do anything about it anyway) but the present situation is screwing too many people worldwide!