The big media companies are oligopolies, not monopolies - which in plural form would not compete with each other
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The big media companies are oligopolies, not monopolies - which in plural form would not compete with each other
That is the free market working.
If that little bit is all you got out of that then you need to reread my post.
But monopolies do form because of the free market and that is also why the fail. This is easy econ did you sleep during your 11th grade econ class?
I think he was saying partnerships form as a way to stay competitive and that because of this they can then drive the price down and buy up or drive out of business smaller competitors. The car industry in the USA is a great example Pontiac, FJC, Cadillac, Buick, Chevrolet, Oldsmobile, AMC(AM general), Holden, Isuzu, opal, Vauxhall and I know there are others all fall under the GM umbrella. What had happened over the years is they realized they made similar products and merged or were bought out/drove out of business. They them went on to firm an oligopoly in the US with Ford and Chrysler and about drive themselves out of business not listening to what the customer wanted.
Thank you for wording it better than I did.
we dont need more regulations to keep monopolies from forming.
we need people who care where their news comes from.
we need people who will stop and think before believing anything corporate or state media tells them.
stop and ask, who is the man behind the curtain?
Cui bono
All this means that the opportunity costs of regulation—that is, the benefits that could have been gained if an alternative course of action had been pursued—are much higher than the costs of compliance. For example, the Competitive Enterprise Institute's report Ten Thousand Commandments 2013 estimates that it costs consumers and businesses approximately $1.8 trillion—about 11 percent of current GDP—to comply with current federal regulations. That's bad enough, but it pales in comparison to the loss of tens of trillions in overall wealth calculated by Dawson and Seater.
http://reason.com/archives/2013/06/21/federal-regulations-have-made-you-75-per
So if the effects of regulation are so deleterious to economic growth and the prosperity of citizens, why do countries enact so much of it? Dawson and Seater's paper mentions three theories: Arthur Pigou's notion that governments enact regulations to improve social welfare by correcting market failures, George Stigler's more cynical view that industries capture regulatory agencies in order exclude competitors and increase their profits, and Fred McChesney's argument that regulations are chiefly aimed at benefiting politicians and regulators. I asked if their results fit most closely with McChesney's. Dawson replied: "This could be the conclusion that one reaches based on our empirical results (since they show a net cost of regulation over time), but again we did not set out to prove or disprove any particular theory." Seater added that their research does not address the question of "why society allows excessive regulation....It's an important [issue], but it is one for the public choice people to study, not for macroeconomists like me and my coauthor."
And where out of my post did you get that I'm for regulations? It is a good thing that I don't take these serious or I would be on blood pressure meds hell you already have me taking advil.![]()
Tell you what'll fix that right up, is a pint of Oka Oba.
And where out of my post did you get that I'm for regulations? It is a good thing that I don't take these serious or I would be on blood pressure meds hell you already have me taking advil.![]()
I didnt think you were for regulations.
I took offence to you saying "it would seem that you now think the government should put more regulations out there and control more stuff."
I saw a problem, I never insinuated that I thought the way to fix the problem was to have the government step in.
I dont particularly like Reagan, but the man has some good one liners.
Then I miss understood where your point was and that one is on me. My bad didn't mean to offend you this is all in fun to me.:whoops:![]()
He hates the executive branch, which includes LEO's.
But loves the Judicial branch, that says anyone is innocent until proven guilty. And not guilty until a court of law says so, because witnessing it or admitting to it doesnt count.
Where do you stand on the legislative branch?
I tried to watch it, but that dude is tooo hard to listen to. If you really have a point to make, the least you should do is give the script to somebody who can read it without putting your audience to sleep or annoying them to the point of turning you off.
I tried to watch it, but that dude is tooo hard to listen to. If you really have a point to make, the least you should do is give the script to somebody who can read it without putting your audience to sleep or annoying them to the point of turning you off.