Since the television appeared, the entire world changed the way of communicating and the means get data about the issues that occur around us (Beggs J., 2013). But what happens if we only have one media to communicate all that information? How does this affect the existence of only one way to get the information to the veracity and the objectivity? That is exactly the situation in México, a country which prevails in a Monopoly in Television, and this control manipulate the information according to its interest.
A monopoly is a market with only one seller that does not have any kind of competition or is very weak, and the offer is not attractive for the client. That single seller is called a monopolist. The monopolies are very powerful businesses that are impossible not to notice. Their principal objective is to obtain the major control that they can have over the market in which they are interacting.
On the other hand, the monopolies are created by private initiative or by the government, and this occurs because it grants the rights of doing business in a particular market (Beggs J., 2013). In this case, the existence of only one media is very convenient because they have in their hands the power of the production and transmission of programs in Mexico. They also have a great percentage of the Mexican people controlled and they do this (control) with their ads and messages given to the people
However, Televisa is one of the most influential and largest companies in the Spanish-speaking world, based on its market capitalization, and is a major participant in the global entertainment business (Grupo Televisa, 2013). This firm was created in 1930 by Emilio Azcárraga Vidaurreta, and since that time Televisa has become in one of the ...
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...ey have the power to manipulate people. So there are plenty of reasons to stop the monopolies not only economically, but also socially because they doesn't allow the free development of thinking, and even with the regulations and laws the companies are trying to create monopolies, so they can earn more money.
Works Cited
Beggs, J. (2013). What is a monopoly? Retrieved 03 24, 2014, from Economics: http://economics.about.com/od/monopoly-category/a/What-Is-A-Monopoly.htm
Beggs, J. (n.d.). About.com. Retrieved from Economics: http://economics.about.com/od/monopoly-category/a/What-Is-A-Monopoly.htm
Grupo Televisa. (2013). Investor Relations. Retrieved 03 24, 2014, from Televisa: http://www.televisa.com/inversionistas-ingles/
Perdomo, D. (n.d.). Alter Net. Retrieved from http://www.alternet.org/story/144787/monopoly_capitalism_is_the_root_of_all_of_america's_problems
To differentiate monopolies from trusts, it must be said that single companies were able to form monopolies when in control of “nearly all of one type of product or service… [This] affects the consu...
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Monopoly is nearly always seen as something undesirable. Courts have wrestled with monopoly for ages, sometimes defining it as: "the power to control prices and exclude competition", "restraining trade", or "unfair and anti-competitive behavior." Should monopolistic practices be condemned and outlawed? Let's look at anti-competitive behavior and practices, but let's not confine ourselves to what's traditionally seen as monopoly.
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Well the bottom line is that a monopoly is firm that sells almost all the goods or services in a select market. Therefore, without regulations, a company would be able to manipulate the price of their products, because of a lack of competition (Principle of Microeconomics, 2016). Furthermore, if a single company controls the entire market, then there are numerous barriers to entry that discourage competition from entering into it. To truly understand the hold a monopoly firm has on the market; compare the demand curves between a Perfect Competitor and Monopolist firm in Figure