OLIGOPOLY What "free market"? Just because a market has minimum controls does not make it "free". It does make it highly manipulable, however. You live in one that is NOT free, when continuous consolidation of various markets into the hands of only two, three or four major companies creates what is known as an oligopoly. One dominant company sets a price, and the other 3/4 fall into line without any connivance and neither any competition. This is an economics forum, so it's preferable to get your info right.
of course if true you would not be so afraid to present your best example. What does the liberal learn from his fear?
US media has segments that have grown highly concentrated. Sirius XM (where did you get FM?) was the joining of the two major satellite radio stations to totally dominate that medium. One could also point to radio station ownership, where the combination of Clear Channel and Cumulus own more radio stations than the rest of the market combined and where Clear Channel owns probably 3 times as many stations as does Cumulus. Media in general is highly concentrated and mostly owned by corporations with a strongly conservative bent. That's why US media are so conservative. I know - you guys are all worried about the "MSM" - however, you are comparing them to Brietbart, and that is not a valid measure of anything.
I asked for single best example of too much concentration in American business( as libcommies claim) and that is your best example?????????????????
I gave you a market that has an unbelievably high concentration. And, I also pointed to media as a whole where there is highly significant concentration.
It's best in terms of a clear demonstration of how incredibly concentrated it can get under the Republican leadership that approved that level of concentration. If you want to get into retail sales shelf space and other mechanisms used by concentrated industries to control our choices it takes a little longer.
I did not ask for best in terms of clear demonstration I asked for best in terms of most important!!!!!!!!!!! Do you understand????? If nothing important comes to mind in terms of too much business concentration it must be because the whole argument is stupid and bogus, just something you parroted from some libcommie somewhere-right?
I stated a clear example in an arena that is highly complex. The catch here is that corporations HAVE TO work to keep the appearance that they are not violating SEC constraints on monopoly - the penalty being that their business dealings could be blocked and even their corporation might be broken up. So, the concentration issue isn't so easy to demonstrate by examples in the framework of a post. Do you understand? If you are too verklempt to discuss this issue with civility, you should take that as an indication that it is time for you to step back.
especially when the best example left wing Marxists can come up with was so trivial as to be very very embarrassing. XM sirius merger was a good thing that saved 2 tiny companies and satellite radio since neither company was making a profit on its own. As an example of too much concentration in the American economy your example is beyond absurd. Not to mention its a stretch to even call it concentration with all the competition!!!! But at least the Justice Department acknowledged that satellite radio services do not just compete with each other, but with a broad array of possible consumer substitutes, such as AM and FM radio, CDs, iPods, and other MP3 players (many new cars now come with iPod docking systems), Internet radio webcasting over WiFi, cell phones and other handheld wireless devices, and the new digital HD radio receivers which allow old-fashioned broadcasters to send up to three digital channels of programming over the AM and FM bands bundled together with the extant analog channel. Indeed, the audio-entertainment marketplace, if it may be called that, is evolving faster than even merger-inclined regulators realize. The Justice Departments merger-approval memo, for instance, noted under technological change that one factor contributing to the approval was the expected generation within several years of next-generation wireless networks capable of streaming Internet radio to mobile devices. Such services are already available. The .mobi top-level domain