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George Ritzer termed it as the McDonaldization of the World, where the markets have so easily blended with each other’s that common products do well in the markets monopolized by another party. For instance, Hollywood films over time have found a gratifying market in India. Despite our film industry flourishing in terms of revenue it rakes up, Hollywood films sometimes do manage to carve out a revenue space for themselves, which often runs into profits giving strong competition to few of our own films!