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Why wouldn't they exist?
Money runs the world. Everyone has some money, most people have little money, and very few have A LOT of money. Those with the most money, which are the fewest amount of people, can exert the most influence.
When one corporation or company owns most of the major news stations, it's pretty safe to say that corporation can control almost anything within its networks to reflect certain views, no?
As well as a slew of other things that these few (usually they're elite families) can do.
Why not work together to ensure they all maintain the power they have within the families?
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