Giga-corporation
A giga-corporation, often called a gigacorp, is an immense privately-owned commercial entity that operates not only on a planetary scale but also across the broader Solar Cluster, controlling large portions of one or more key markets. These corporations have grown to become the most powerful and influential institutions in Vexian society, often overshadowing the former nation-states and governmental structures. With their enormous financial and infrastructural resources, gigacorps are central to the operation of Vex’s economy, pseudo-political landscape, and the daily lives of its inhabitants.
Gigacorps gave birth to the concept of hypercapitalism, the operating ethos of the Post-Sovereign Economic Phase (PSEP).
Characteristics of a GigaCorp
Gigacorps are generally defined by their massive size, market dominance, and financial capability. Unlike traditional governmental organizations, these corporations operate outside the constraints of any formal centralized authority, except for a basic system of laws that they themselves enforce or create. As the planet’s major commercial entities, they have far-reaching influence in shaping Vexian society’s infrastructure, from urban development to technological advancements.
List of Notable GigaCorps
See also: List of GigaCorps
GigaCorp Variation
There are many known variations on the concept of the gigacorp. The most notable and well known is the milcorp. A milcorp is known to own and operate private military personnel and assets.
Another well known variation is the bancorp. While the nomenclature may be outdated, as banking is considered an obsolete Sovereign Phase practice, a bancorp owns and operates infrastructure related to the Consolidated Asset Grid (CAG). Typically, a bancorp is a premier lender of CU, among other proprietary functions or corporate organizational structures.
A devcorp is a gigacorp primarily involved in infrastructure or property development on a massive scale.
There are no official distinctions of what makes up a gigacorp variation other than the structure and wording of the gigacorp's Corporate Charter.
