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> Where is the monopoly? Disney, Netflix, Amazon and so on. (And yes I am aware that technically they would be an oligopoly. I am purposely using the broader,
by cardanome 4y ago
> Where is the monopoly?
Disney, Netflix, Amazon and so on.
(And yes I am aware that technically they would be an oligopoly. I am purposely using the broader, more practical definition of monopoly that is useful for describing the real world.)
- lotsofpulp 4y agoAs a consumer, I currently have the option of consuming video media from ~9 large companies (Disney, Netflix, Amazon, Apple, Comcast, Paramount, WarnerBros Discovery, Sony), and then you have smaller ones like AMC Networks and whatever film studios there are, and then you can go all the way down to individuals who upload to Youtube or whatever website they want to host their media. This is just US media too, I am sure there are many more large companies around the world. And there is zero or near zero friction in consuming media pretty much all of this media thanks to broadband internet and capable computing devices in everyone’s pocket, other than the price you are able and willing to pay. I would not classify it as a "monopoly" or an "oligopoly", at least in the sense that anyone is restricting viewers from watching what they want or anyone is restricting media creators from making what they want.