In today's market, do we still have monopolies ? And if we do, do you think they make profits from there ?


2 Answers

Duane Bryant Profile
Duane Bryant answered
OF COURSE!  Standard Oil was broken up into about 21 companies during the '#30's.  It has gone back to about 4 companies buying up the other 17.  Ma Bell (AT&T) was broken up into 4-6 companies and one company owns all the others now.  Much bigger profits.  Much more control of the market, less competition.  Able to pay politicians much more.  Too big to fail, government will bail them out at our expense.
Arthur Wright Profile
Arthur Wright answered
Still have?  More and more companies are buying out smaller ones to create huge monopolies so more and more we are falling under the New World Order where there is only one of everyuthing so things are changing to monopolies and thats not good

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