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I think this is the correct answer. Any business where there is a lack of competition tends towards negative monopolistic behaviors. Monopolies tend to not be g
by er4hn 6y ago
I think this is the correct answer. Any business where there is a lack of competition tends towards negative monopolistic behaviors. Monopolies tend to not be good for consumers with knock-on effects for society. If gas (standard oil, for example) is a monopoly then consumers experience inflated prices. If media has a lack of competition consumers are told a point of view that they believe over time due to a lack of alternatives.
- B1FF_PSUVM 6y agoThat horse bolted long ago, as long as the 18th or 19th century, as soon as people got news of what other people far away liked, and had a chance to pay for a piece of it. The star system (one star takes the pickings over thousands of local artists) started then, and probably won't get stopped unless we get punted back to sticks and stones.