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=== Power of transnational corporations === Multinational corporations often benefit from globalization, while minority indigenous groups may be negatively affected or exploited. Minority groups within larger nations opting towards globalization may be threatened by the growing power of multinational corporations.<ref>{{Cite journal |last=Osland |first=Joyces |date=June 2003 |title=The Pros and Cons of Globalization |journal=Journal of Management Inquiry |volume=12 |pages=137–154 |doi=10.1177/1056492603012002005 |s2cid=14617240}}</ref> An example of this occurring is large [[palm oil]] companies receiving land to develop from the government that is occupied by the indigenous tribes.<ref>{{Cite web |title=Palm oil companies exploit land, abuse indigenous peoples' rights, says activist |url=https://www.business-humanrights.org/fr/derni%C3%A8res-actualit%C3%A9s/palm-oil-companies-exploit-land-abuse-indigenous-peoples-rights-says-activist/ |access-date=2022-03-03 |website=Business & Human Rights Resource Centre |language=fr}}</ref> Globalization has been criticized for benefiting those who are already large and in power at the cost of endangering the countries’ indigenous population.<ref name=":12">{{Cite journal <!-- Deny Citation Bot--> |last1=Friedrichs|first1=David O. |last2=Friedrichs|first2= Jessica|journal=Social Justice |volume=29 |issue=1/2 |pages=13-36 |date=2002 |title=The world bank and crimes of globalization |id={{ProQuest|231910154}}}}</ref> In the name of free markets and with the promise of an improved standard of living, local authorities give up some of their political and social powers to international organizations.<ref name=":04"/> Thus, globalization causes the greater empowerment of these international organizations and the diminishing influence of local state institutions.<ref name=":12" /><ref>{{Cite magazine <!-- Deny Citation Bot--> |last=Tabb |first=Willima K.|magazine=Monthly Review|volume=49 |issue=6 |pages=35-39 |date=November 1997 |title=Contextualizing Globalization: Comments on Du Boff and Herman |id={{ProQuest|213144638}}}}</ref>
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