A monopoly is a company or group of companies that control the market place. When there is only a single corporation in an industry with no competitors this is an example of a monopoly. This is a huge topic in today's ever-so competitive business world, due to the unfairness that this presents such that one company might single handedly control an industry that they have created. I personally feel that if a company is so successful that they are the only ones left in the market and they have total control, good for them.
This web-site discusses the competitive nature of monopolies and relates them to almost every industry in the market. It also explains very well the basic nature of a monopoly. Title & Host: Competition Commission
2.) " The Danger of Corporate Monopolies
This web-site addresses the rise of monopolies and their existence in today's world. There is also much discussion over the heated Microsoft issue. The authors of the site are as follows (Tony Small, Joshua Elman, Andy Conigliaro, and Jeremy Schreiber)
This web-site is very interesting in that it explains the competitiveness in research for finding cures for all kinds of diseases. Most people think that monopolies are just found in the business realm but this is not true at all. There are huge monopolistic companies that are in the pharmaceutical field that are curtaining the market for advertising new drugs that have been discovered. (Kristi Coale).
This web-address is very simplistic in the sense that it describes the very essence of what a monopoly is. It gives many definitions on the various kinds of monopolies that are out there to give one a good basis of understanding this hot-topic (capitalism.org)
No More Monopolies
Regulators are fine-tuning programs that will allow
businesses to put all their energy needs out for bid. Gas is getting there;
electricity is just getting started.
By Kathryn N. Davis
This article by Kathryn N. Davis goes into deep discussion how there is an energy monopoly in Virginia that is getting out of hand.
6.) Two Opinions about Monopolies
To the Honorable, the Legislative Council, and the General Assembly of the State of New Jersey:-- Greetings
The Petition of the Undersigned respectfully Represents:
This is a petition to the state of New Jersey pleading to be just and to make certain laws to protect everyone from unjust anticompetitive acts. ( Address of Commodore R. F. Stockton to the People of New Jersey, in relation to the existing contracts between the State and the united Delaware and Raritan Canal and Camden and Amboy Railroad Companies, September 24, 1849).
MonopolyŽ is a registered trademark of Hasbro, Inc. This article explains the history of monopolies and how a man named Boss Tweed, who was a prominent business man in New York created a monopoly of his own by purchasing much real estate and raised the prices tremendously.
8.) Tale of Two Monopolies-Microsoft and Palm
Contributed by Nivine Zakhari
osOpinion.com
August 14, 2001
This is my favorite web-site that I visited because this relates so
well with Liebowitz and Margolis' ideas as well with Varian and Shapiro.
Basically this article talks about how Microsoft and Palm have created and separated
their own industry. This article also bashes these two companies for their
excellence and achievements, but I say good job!
Media Monopolies are a relatively new topic. After AOL and Time Warner merged everyone became familiar with this kind of monopoly. This is really frustrating because once someone has gotten used to using a certain media product they almost yearly have to switch or upgrade to keep up with the changing technology.
10.) Why Breaking Up Monopolies is Not the Answer
This site is simple but very true. Breaking up monopolies is not going to make everybody happy. People will find a way to curtail the market which they are in and turn a profit. The bottom line is money and power.