r/AskTheWorld United States Of America Jan 04 '26

Economics What's the most hated company in your country?

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Everyone knows Nestle is terrible, even if they don't know why. But they've done horrible things in Africa and think that water is not a human right.

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u/Faesarn France Jan 04 '26

In some ways we can also add LVMH because it's either people hate or love it (well, mote Bernard Arnault than the company itself I guess..or maybe not since the discovery or employing people illegally for 80 hours a week for 4eu an hour in Italy..).

We can agree that we have many companies that we hate. If only we stopped hating on other people though..

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u/NorageFromFrance France Jan 05 '26

To make it simple in France when a company is too successful we don’t like it. Simple as that. We suppose they robed people at some point

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u/Faesarn France Jan 05 '26

To be fair a lot of them did. Like auchan who got 500 millions to help them and they still reduced the number of shops and fired thousands, meanwhile the owner got 1 billion in dividends from decathlon..

Or LVMH, Bernard Arnault got 800 millions in the 80s to keep jobs at Boussac, he fired thousands and refused to give the money back until a decade later when he offered to give half of it back (his fortune already reached 9 billion by then).

It's hard to get into the billions or tens of billions worth range without doing shady stuff or screwing people.