A monopoly easily forms when one firm is in total control of a resource. If a firm is the only one that can provide a product or service, they have no competition and are considered a monopoly. This kind of resource is called a monopoly resource because of its ability to allow its owner market power. In the world of cable providers, no one provider owns a majority in the market for cable television. Yet they face little comp...
... middle of paper ...
...ng to be less, and innovation is going to be stifled in the United States, where “Comcast [has] no qualms about letting its customers suffer lousy speeds and service” (Aaron, Turner).
Ultimately, the market for cable television is an oligopoly. The proposed merger between Comcast and Time Warner Cable would make it the largest provider of cable in America and give it unprecedented market power and allow it to continue to pursue profits and the cost of consumers. While it would not be a monopoly, it would be giving the company dangerous power. Already Comcast has control of one of the largest media providers in America, NBC. It has significant control of internet as well, and has made Netflix pay Comcast to have faster speeds. The question now isn’t if the merger will be bad for business, it is if the United States government will make the right choice for consumers.
Need Writing Help?
Get feedback on grammar, clarity, concision and logic instantly.Check your paper »
- Once a week or so I will send a friend a text message asking, “What are you doing?” and just about every time, their reply is “Watching TV.” Clearly these people lead boring lives and need to get out more, but are they actually watching TV. What do they even mean by that. It is possible they are using a television set, but what is on it. Netflix, a movie, YouTube, illegal streaming, all of these are able to be displayed within the frame of a television appliance, but one could also find all of these on their smart phone as well.... [tags: Television, Television program, Television set]
1106 words (3.2 pages)
- I’m sitting in rapt attention in front of the television watching Game of Thrones. A new scene begins and I see an actress that I recognize, but, for some reason, her name has slipped my mind. As I continue to watch, the fact that I cannot seem to remember this popular face begins to bug me. I pull out my phone and search for the familiar actress using a couple of keywords. A name pops up on my screen and I recognize the offending face. Putting my phone away, I turn my gaze back to the drama before me.... [tags: Internet, Mobile phone, Computer, World Wide Web]
1304 words (3.7 pages)
- “Where is my phone?” I yelled. Frightened about my phone being lost, I started shouting, screaming, and sweating profusely. I suddenly began to panic, due to the extensive thoughts that formulated in my mind, “How would I live without my cell phone. How could this be happening?” I felt as if, the end of the world had in fact came. Fathoming how my life would be without my phone, seemed unrealistic. Weeks following this event, I watched Intervention, a show about drug addicts being stripped from their drugs to face sobriety.... [tags: Mobile phone, Cellular network]
1617 words (4.6 pages)
- Cell Phone Technology The cell phone, in today’s world most people own one. Cell phones are extremely convenient. They (cell phones) allow us to communicate in multiple ways. You can text, email, call, video chat, use social media apps to stay in contact with anyone anywhere. Technology has made its way into every facet of our lives and helps to make life easier and more functional. For the most part, cellular technology has almost become an unconscious thing for us, something most of us take for granted.... [tags: Mobile phone, Cellular network, Internet, Motorola]
1477 words (4.2 pages)
- Now-a-days, regular television system share its audience with internet and new platforms such as Netflix, Hulu, YouTube, Instagram and Vime. Thus, how is conventional TV facing this challenge. Television on their golden ages was the only source of audio and video capable to bring the “outside world” into people’s house. TV was exclusive, it had all attention from the audience and it was the dream platform for the marketing personnel’s. In this new system, productions should adapt their productions to this new generation audience, understanding how people are creating on the web platform, how this new age group are consuming advertisement and how television are seeking for the best platform t... [tags: Television, Reality television]
793 words (2.3 pages)
- The Internet. As of today, every facet of human life is heavily influenced by information obtained via information technologies. The Internet, like an uncharted wilderness, promises vast resources, knowledge and the space to create offer methods of communications. It should be accessible to all. It allows for communication to reach around the world, it keeps individuals entertain. Has the capability to solve conflict easy and quick. By using the internet, individuals may obtain the news, research, inventions, and innovations from almost any electrical device.... [tags: World Wide Web, Internet, Computer, Website]
1144 words (3.3 pages)
- We all heard the warning as kids: “That TV will rot your brain!” The parental scolding dates back when television was in black and white. Concerns are growing today due to an amid flooding of video streaming on portable devices. Young eyes are glued to the screen instead of interacting with people in the real world. When television is everywhere we can only observe the way people behave when it 's present in society. It has been said that we depend heavily on television and technology overall, including it in every part of our daily lives.... [tags: Reality television, Television, Marie Winn]
871 words (2.5 pages)
- Reality tv has shifted to have viewer interaction than in the past. Competitive Reality Shows specifically have a lot of viewer interaction. One of the many motivations in cultivating a sense of viewer interaction is to ensure that a show has a dedicated group of viewers. The theory is that viewers are more likely to continue to watch a show if they know that their views and concerns are contributing in cultivating the show’s outcome. Thus, while reality tv varies in it’s many formats and genres, researchers agree that viewer interaction and participation has become an integral part of reality tv programming.... [tags: Reality television, Television program]
822 words (2.3 pages)
- The Age of the Internet The internet is something that is, faster than expected, being integrated into almost everyone’s everyday life. Most people, nowadays, have access to the internet at the tip of their fingers through their smart phones and even through the use of older flip phones, granted, on a different level. With the internet age came the age of the internet kids, which have a worse reputation than they deserve. When I say internet kids, you may already have a picture of grown men in their parent’s basement, leeching off of their parents and never growing up because they do not have the social skills or the drive to do anything else, but surf the web.... [tags: Mobile phone, Internet, World Wide Web]
1058 words (3 pages)
- When historians look back at the latter half of the twentieth century, they might well remember it less as the time man walked on the moon and more as the time when the Internet was born. The Advancement Research Projects Agency Network, known as the ARPANET, was developed in the 1960's by the U.S. Department of Defense. This was the world's first operational informational sharing network, and the predecessor of what we now call the Internet. Although the creation of the Internet was primarily to allow the sharing of resources, its true popularity came in the ability to send and receive mail.... [tags: Internet Web Technology Innovation]
1100 words (3.1 pages)
- Feminism, Pathos, And Logos Used By Hilary Clinton
- The New World : Spain And Portugal
- Overweight And Obesity : An Excessive Accumulation Of Adipose Tissue And Are Seen As A Chronic Health Disorder
- Gender Violence And Its Effects On Women
- Positives And Negatives Of Juveniles
- The Love Song Of J. Alfred Prufrock