Multinational corporations (MNCs) can provide benefits to host countries such as capital, technology, marketing and management expertise, and increasing domestic competition. However, they are also criticized for engaging in anticompetitive behaviors and displacing local industries and investment. MNCs tend to operate as oligopolies in many industries such as automobiles, soft drinks, movies, music, pharmaceuticals, and fast food. Public policies aimed at reducing the ill effects of monopolies and oligopolies include antitrust laws, fair trade laws, deregulation, and encouraging new competition through technologies.