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"Against or disagreeing with Monopoly (ex. AT&T, Microsoft) This is an ARGUMENTATIVE essay. It has to be related towards society"
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Whereas proponents argue that monopoly is favorable in carrying out research and development and operation in a contestable market, nonetheless, monopoly would lead to higher prices on consumers, lack of competition.
As a protagonist of monopoly championed this practice for cartels as they maintain that its existence leads to increase in the number of research and development projects as they earn more profits. Although, the companies operate solely in the market and get high return it does not invest the funds for research and development. Microsoft Corporation as an example of a monopoly has not shown considerable investment in the field of research and development as thought (Jones and Sufrin 573). On the contrary, as a result of obtaining patent rights companies that operate under monopoly, including Microsoft do not have any incentives to innovate other new varieties of products than specialize in the one. Because of these, many countries impose a limit on the number of years companies can hold to their patent of rights (Salanié 188).
Microsoft’s research and development is mainly because of its competitors but once these competitors who operate server operating system market stops Microsoft Company will also no longer see the benefit of carrying out more research and development as it has already come up with a lock-in effect strategy on its customers. Through this strategy, Microsoft can efficiently engage its customers in homogenous solutions made by Microsoft worldwide. It is therefore, definite that monopoly companies do not wish to spend the large amounts of profits it accumulates in research and development. Without a doubt, these monopoly companies would be adamant to produce only those products that are conducive and acceptable to the consumer rather than being innovative and make new products for its customers.
In support of monopoly, proponents contend that through ...
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By getting the child aborted, the mother not only commits the murder of her own child, but also exposes her own health to innumerable risks. Abortion is justified on the basis of the opinion that a fetus is not a human being. There is no point thinking that a baby that is in the developing stage of become a complete human being is not a human.
Secondly, there must be no close substitute available for the product offered by the monopolist. Therefore, a sole provider of petroleum cannot be considered a pure monopoly as natural gas is a close substitute for heating or electricity purposes. Thirdly, due to some strong reason there must be barriers to entry and survival of potential competitors in the industry so that the firm’s monopolistic behavior and excessive profits could persist (Baumol, Blinder 2007).
3). The history of AT&T can be traced back to 1876, when Alexander Graham Bell invented telephone. Over the years, AT&T has optimized on the technological skills of its human resources in order to bring a complete revolution in the field of communication and networking.
The company has been accused of pursuing anti competition strategies that are unlawful in order to dominate the market and benefit from the monopoly power (Meller 2009). In a monopoly, the firm will have the entire control in setting prices and sometimes derails innovation due to lack of competition.
Name: Course Name: Course Instructor: Date of Submission: Microsoft monopoly-Why was Microsoft investigated for antitrust behavior? Microsoft Company is one of the biggest companies in the world. It is also termed to be a computer software industry that is diversified.
Monopoly and Microsoft. The question of whether or not Microsoft represents a monopoly has long since been settled. With fully 90% of all computers running Microsoft operating systems, the reality of the current market speaks for itself. However, even though it is been demonstrably proven that Microsoft is in fact a monopoly, a further question that must be engaged is whether or not this monopoly could somehow represent a benefit to the consumer.
The company is going through a lot of internal weaknesses that needs to be overcome, there are also opportunities given that the organization can avail. Then PEST analysis is done to review the political, economic, social and technological factors affecting the company due to these external issues.
The definition clearly points out that there must exist some restrictions that the new entrepreneur faces while he is trying to have an access in the market to sell own product. Those are given below.
1. There are some technological causes behind the barriers for the new firms to enter in the market.
Computer and software industry is the leader in bringing about such changes. Microsoft is one such company, which has made a mark in this industry to the extent that the company has established a monopoly kind of lead in many segments.
Monopoly as such is defined as a situation when a company or group holds majority stake for a product or service in one or more markets.
It is an argumentative discussion on the inefficiency of too many and too stringent gun’s laws, its failure in curbing gun related crime and the fact that it hinders efficient execution of security measures for the people of a Free
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