Monopoly in Martinique

Martinique is a French overseas region located in the Caribbean. Its economy has long been dominated by a few large families, often of colonial origin, who control key sectors such as banking, the sugar industry, commerce and real estate.

This phenomenon of concentration of economic power in the hands of a few family groups is partly inherited from the colonial history of the island. During the period of slavery and then after its abolition, some Creole families managed to maintain and even extend their economic influence.

Today, although the situation has changed, the influence of these influential families remains strong. They often occupy leadership positions in the island's main companies, professional associations and decision-making bodies.

This concentration of capital and economic power within family networks has been criticized for its potentially harmful effects, such as limiting competition, conflicts of interest and social inequalities. However, these families also claim to contribute significantly to the local economy and to patronage.

The debate over the role of large family groups in Martinique raises complex questions about economic development, governance and social equity in this French Caribbean territory. It is a topic that deserves to be examined with nuance and objectivity.