Wednesday, December 8, 2010
If I were able to break up a monopoly, it would have to be Comcast. Now I think that Comcast is a monopoly because it is the only cable television provider in my area. So, Comcast can therefore set any price that I might not agree with. If they wanted to, they could set ridiculous prices and have them sky high. No one in the area would be able to do anything about it and would have to bow down to Comcast. So, I would want that company broken up to provide equal competition and fair prices. This would therefore benefit my family, friends, and me by having lower prices. However, I do not think that Comcast is a true monopoly but more of an oligopoly with few competing firms.