Corporatism
Corporatism at its finest. People like Bernie Sanders go on about the evils of capitalism, but really it's corporatism that is the problem. Corporatism is the warped perversion of capitalism. Capitalism is all about competition, but corporatism is all about buying up your competition so there is none or only a small few left. Here Motorola was an iconic brand for over 75 years, but now some giant Chinese corporation bought them up and are basically doing away with them slowly. First thing is to reorganize and lay off tons of people due to duplication of job functions. Giant corporations are the problem, not capitalism.