Monopoly Monopolies provide an industry where it is more efficient for everyone who would want the product from a monopoly to run something An example it s good for a local wire line phone company to be a monopoly because other companies wouldn t want to compete with laying down the whole infrastructure of wires very expensive Same with cable tv it doesn t make sense to lay down new cable technicians They require certain regulations natural monopolies because when cable was owned by one or two companies prices rose Nfl it would be weird if one had a higher offer than the team against them It wouldn t have a nice organized system therefore monopolies Monopolies have the advantage of consolidating the rules and regulations for all the systems into one thing but in NFL there can be repercussions player s safety
View Full Document
Unlocking...