For a community all about decentralization or just free market competition we sure do encourage the use of one the most horrible monopolistic companies in the world.

I keep seeing these FUD articles being linked from Rupert Murdoch's News Corp companies. This billionaire owns so much of the news media he can set the consensus opinion for whole countries, truth won't get in the way.

I don't care what your political leanings are, the fact is that a company actively manipulating our opinion, political system for their gains is horrible. What could be a simple discussion and compromise turns into a not over my dead body due to the lies this media empire spits out.

It's gotten so bad that two former Prime Minister's from both parties in Australia are actively trying to bring an investigation into it's monopoly over Australian media.

Look at all the articles from the likes of the Sun or Sky news Australia. They take a BS nothing story on Cryptocurrency and pump it into complete FUD. It's never balanced or insightful.

They with their multiple media outlets can easily set the consensus on crypto because a majority don't know nothing about it. If multiple news outlets are telling people crypto is shit or it's a joke then guess what, they aren't going to be keen on crypto.

News Corp has a very long history of manipulation. They own huge chunks of media across the world, with an emphasis on the financial media. They own the Wall Street Journal for example. See below.

https://front.moveon.org/look-at-everything-rupert-murdoch-owns/

So in short the least we can do is not link their crap on here and give them our view counts.

There's plenty of other publications to use instead.

For an extensive more up to date list of the companies owned: https://en.m.wikipedia.org/w/index.php?title=List_of_assets_owned_by_News_Corporation&oldid=438874937

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πŸ‘€︎ u/InevitableSoundOf
πŸ“…︎ Dec 12 2021
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Breaking down 5 of the most common causes of inflation, with a heterodox focus on monopolistic competition. (Video-15 min) youtu.be/tGIyxMU8MCg
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πŸ‘€︎ u/CommiEconomist
πŸ“…︎ Dec 28 2021
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A Case presented by, A22, a company by the three Super League clubs, challenges what they say is Uefa’s monopolistic position in football. Uefa will be obliged to fight for its very existence as the organiser of Europe’s elite football competitions. Barcelona depends on it telegraph.co.uk/football/…
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πŸ‘€︎ u/Darkmninya
πŸ“…︎ Dec 30 2021
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Breaking down 5 of the most common causes of inflation, starting with monopolistic competition. (Video-15 min) Too often the media focus is only on money-printing or wages increasing when the structure of market competition can explain inflation better. youtu.be/tGIyxMU8MCg
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πŸ‘€︎ u/LetsDemandBetter
πŸ“…︎ Dec 28 2021
🚨︎ report
Breaking down 5 of the most common causes of inflation, with a heterodox focus on monopolistic competition. (Video-15 min) Too often the media focus is on money-printing or wages increasing when the structure of market competition explains inflation better. youtu.be/tGIyxMU8MCg
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πŸ‘€︎ u/LetsDemandBetter
πŸ“…︎ Dec 31 2021
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Breaking down 5 of the most common causes of inflation, with a heterodox focus on monopolistic competition. (Video-15 min) Too often the media focus is on money-printing or wages increasing when the structure of market competition explains inflation better. youtu.be/tGIyxMU8MCg
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πŸ‘€︎ u/LetsDemandBetter
πŸ“…︎ Dec 28 2021
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Does Apple price IPhones according to monopolistic competition model?

In the monopoly / monopolistic competition model, a producer sets a higher price and produces less than what would be predicted in the perfect competition model.

Apple produces half a million IPhones per day. Is the quantity of iPhones produced bounded only by supply chain limitations (half a million a day is a lot) or could Apple be producing even more iPhones but it is not doing so to maximise profits?

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πŸ‘€︎ u/PiotrJander
πŸ“…︎ Dec 17 2021
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Ice Cream and Monopolistic Competition - David Harvey [5:31] youtu.be/X1Vdr0ZRnL0
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πŸ‘€︎ u/anti-yank
πŸ“…︎ Dec 03 2021
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Biden is pushing for Increasing Competition in the Workforce - Many changes aimed at Healthcare - However none are about reducing needless Physician restrictions about making their own businesses, allowing Hospitals absolute Monopolistic Control messaging-custom-newslett…
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πŸ‘€︎ u/KeikoTanaka
πŸ“…︎ Jul 09 2021
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CCI (Competition Commission of India) has just begun an enquiry against Flipkart and Amazon for monopolistic pratices

This is the latest news just coming out. Apparently, Amazon and Flipkart were pushing against this probe since a long time but SC has just given the green signal.

I hope this will be about why only two big players (Flipart/Amazon) are there in the e-commerce sphere and not a malevolent attempt by the desi trader lobby to stop digital innovation and keep the monopoly among themselves. What do you think?

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πŸ‘€︎ u/learned_cheetah
πŸ“…︎ Aug 09 2021
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People who understand business, please explain to me if Hybe's moves are monopolistic/unfair competition.

Everytime, news comes out that Hybe is trying to acquire a company, the entirety of Kpop twitter starts crying Monopoly. While it may seem on the face of it, is it really a monopoly? Is what they're doing unethical? Today morning I woke up to all of twitter in arms because news broke out that Hybe had tried to acquire SM. What most people don't know is that they didn't try to buy SM as a whole but acquire LSM's stocks, which a lot of people are after anyway.

I really wanna understand this from a business perspective because it's an interesting case. I'd be very grateful if someone could explain it from a business insider perspective.

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πŸ“…︎ Jun 02 2021
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A moderate level of piracy can have a positive impact on the bottom line for both manufacturer and retailer - and not at the expense of consumers - finds a new study. Because piracy can affect pricing power of manufacturer and retailer, it injects "shadow" competition into a monopolistic market. eurekalert.org/pub_releas…
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πŸ‘€︎ u/mvea
πŸ“…︎ Jan 28 2019
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Characteristic sof monopolistic competition

why should there be an of?

why do i not need an of when its monopolistic competition characteristics ?

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πŸ‘€︎ u/jamesparker78_
πŸ“…︎ Jun 13 2021
🚨︎ report
A moderate level of piracy can have a positive impact on the bottom line for both manufacturer and retailer - and not at the expense of consumers - finds a new study. Because piracy can affect pricing power of manufacturer and retailer, it injects "shadow" competition into a monopolistic market. eurekalert.org/pub_releas…
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πŸ‘€︎ u/everadvancing
πŸ“…︎ Jan 28 2019
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Experts in the field of market structure (monopolistic competition/oligopoly)

Hello, I am writing a paper in school about market structures, specifically monopolistic competition and oligopoly. In a section, I need to discuss the major findings in this area and what these experts say on the theories. Does anyone know any sources / experts in this field that I can discuss in my paper?

Thanks,

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πŸ‘€︎ u/DhruvShrub
πŸ“…︎ Mar 11 2021
🚨︎ report
A moderate level of piracy can have a positive impact on the bottom line for both manufacturer and retailer - and not at the expense of consumers - finds a new study. Because piracy can affect pricing power of manufacturer and retailer, it injects "shadow" competition into a monopolistic market. eurekalert.org/pub_releas…
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πŸ‘€︎ u/nekrovski
πŸ“…︎ Jan 28 2019
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monopolistic competition

how can a free market ever work if the only way capitalism has ever functioned to any degree is within the confines of monopolistic competition leaning towards monopoly?

Perfect competition has never lasted, it is a failed concept.

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πŸ‘€︎ u/futureblot
πŸ“…︎ May 01 2020
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Is Facebook in monopolistic competition, part of an oligopoly, perfect competition or a different market structure?

I've been curious about what social media's market structure is. I've tried searching online, but there seems to be differing opinions of if Facebook is in monopolistic competition, an oligopoly, perfect competition...etc. Facebook seems to have a large market share, but it's unclear what the competition of social media sites can be classified as.

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πŸ‘€︎ u/waitinlistuw
πŸ“…︎ Apr 11 2020
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DUTERTE personifies Filipinos' anger against monopolistic, anti-competition economic elites & corrupt-to-the-core political dynasties. But he won't tolerate dissent. He will "kill" - not "die" – for the Filipino. His well-intentioned supporters ignore all the red flags at the PH's peril. Read on.

I can see why Duterte has appeal. He promises change that the Filipinos deserve. He promises to end their sufferings. He doesn’t seem to play by the rules of the political and economic elite that have been stacked against the middle class and the poor. And he seems to be a decisive leader who will not be bullied by powerful interests. He is a no-nonsense leader who will finally not engage in business-as-usual, will upend the status quo, and perhaps make the Philippines into the new Singapore. He also has progressive views that I think will serve the Philippines well (a left of centre view). Add to that, he has a sense of dark humour that can, to some people, be appealing.

 

When I listen to this part of him I like him. I honestly like him. He exudes an honesty and confidence that none of the other presidential candidates exhibit. He seems unfiltered. He appears to be the real deal.

 

And honestly, I couldn’t care less about his foul mouth. He says β€œfuck”, β€œshit”, etc. I don’t care about this. A person dealing with the corruption, stupidity, idiocy and insanity in the Philippines need not worry about remaining nice and polite. He or she can curse, and that’s excusable.

 

And I don’t care too about his womanizing. Sexual sins are the least of my concerns. That’s his private concern. As long as he is not supporting these women with ill gotten money (like Erap), then he can fuck hundreds of women to his heart’s (or viagra-enhanced dick’s) content.

 

But one cannot ignore the other things he says and does. If a voter ignores these things, the Philippines does so only at the country’s peril. IT IS NOT THE INDIVIDUAL ACTS OR STATEMENTS THAT WORRY ME. IT IS THE PATTERN. HE DOESN’T MAKE ONE OFF GAFFES. HE CONTINUES TO SAY AND DO THINGS WHICH HE BELIEVES IN AND ARE PART OF A PATTERN OF HIS PERSONALITY, POLITICAL PHILOSOPHY AND LEADERSHIP STYLE.

 

To ignore the other things he says and does would be akin to wanting to see and hear only the good things from someone you are falling madly in love with, ignoring all the red flags and warning signs, going to the altar and marrying the person, and ending up in a 6 year (or less) relationship that will not end well in any conceivable way.

 

So what I did was to collect information that’s not propaganda but are out there as news reports, actual interviews, and court documents that show a glimpse of the real Duterte. You will see the sincere, decisive D

... keep reading on reddit ➑

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πŸ‘€︎ u/gmvancity
πŸ“…︎ Apr 21 2016
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What's the difference between a Monopoly and monopolistic competition?
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πŸ‘€︎ u/SkyJL116
πŸ“…︎ Aug 21 2019
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How realistic are the assumptions of monopolistic competition?

Realistically, are monopoly profits zero in the long run? It seems as though monopolies in the actual economy really thrive typically. I know a lot of assumptions/theories in economics are pretty much only theoretical so I was wondering if this was the same. Thanks!

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πŸ‘€︎ u/amyschwartz02
πŸ“…︎ Oct 23 2018
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ELI5: How does monopolistic competition differ from a regular monopoly / oligopoly?

I have a major microeconomics exam coming up later this week and even after watching like 30 minutes of youtube videos on the topic, I'm still not 100% clear. Thanks in advance!

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πŸ‘€︎ u/MattOxFanPage
πŸ“…︎ May 14 2019
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A moderate level of piracy can have a positive impact on the bottom line for both manufacturer and retailer - and not at the expense of consumers - finds a new study. Because piracy can affect pricing power of manufacturer and retailer, it injects "shadow" competition into a monopolistic market. eurekalert.org/pub_releas…
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πŸ‘€︎ u/MrWhiteRaven
πŸ“…︎ Jan 28 2019
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A moderate level of piracy can have a positive impact on the bottom line for both manufacturer and retailer - and not at the expense of consumers - finds a new study. Because piracy can affect pricing power of manufacturer and retailer, it injects "shadow" competition into a monopolistic market. eurekalert.org/pub_releas…
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πŸ‘€︎ u/whyrat
πŸ“…︎ Jan 28 2019
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β€œMonopolistic Firms operate in an arbitrary.” This question is for a class paper and presentation on monopolistic competition. Any idea what this statement means
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πŸ‘€︎ u/bootywarrior246
πŸ“…︎ Mar 10 2020
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Why do new Keynesian models use monopolistic competition?

How does using monopolistic competition change the model as opposed to using competitive markets? Does it actually make the model predict any better?

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πŸ“…︎ Aug 16 2018
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A moderate level of piracy can have a positive impact on the bottom line for both manufacturer and retailer - and not at the expense of consumers - finds a new study. Because piracy can affect pricing power of manufacturer and retailer, it injects "shadow" competition into a monopolistic market. eurekalert.org/pub_releas…
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πŸ‘€︎ u/worldnewsbot
πŸ“…︎ Jan 28 2019
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A moderate level of piracy can have a positive impact on the bottom line for both manufacturer and retailer - and not at the expense of consumers - finds a new study. Because piracy can affect pricing power of manufacturer and retailer, it injects "shadow" competition into a monopolistic market. eurekalert.org/pub_releas…
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πŸ‘€︎ u/lansaman
πŸ“…︎ Jan 28 2019
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In unregulated, purely free markets, it isn't prosperity that is rewarded, it is winning. Lying, cheating, stealing, sabotaging the competition, monopolistic behaviour, and so forth are all much lower risk that innovation. reddit.com/r/science/comm…
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πŸ‘€︎ u/candlejac
πŸ“…︎ Feb 11 2009
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Congress grills Big Tech over competition, money and power. Google, Amazon, Facebook & Apple accused of monopolistic behavior. apnews.com/dad8880720c840…
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πŸ‘€︎ u/Pilebsa
πŸ“…︎ Jul 17 2019
🚨︎ report
A moderate level of piracy can have a positive impact on the bottom line for both manufacturer and retailer - and not at the expense of consumers - finds a new study. Because piracy can affect pricing power of manufacturer and retailer, it injects "shadow" competition into a monopolistic market. eurekalert.org/pub_releas…
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πŸ‘€︎ u/noraad
πŸ“…︎ Jan 28 2019
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Monopolistic Competition Question

Here is a link to my homework question: https://imgur.com/dLnVSit

For some context, the article in question is about monopolistic competition in the Australian coffee market and how Starbucks' departure affected other sellers. In this case, the word "supplier" means another independent coffeeshop or cafe.

My partner and I feel confident that is isn't A because the individual coffee supplier would end up selling more, so quantity would increase. However, my partner thinks it is B because the supplier would lower price to compete with others for the market share that has opened up with Starbucks leaving, but I think it is D because there is already competition in the market meaning the price would stay the same.

Any thoughts or advice would be greatly appreciated!

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πŸ“…︎ May 27 2018
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Economists of Reddit, how does competition actually contributes to the quality of broadband internet if the market is said to be naturally monopolistic?

Hi AskSocialScience, I'm a first-time poster and currently researching about the relationship between market structures and quality of broadband. I'm from the Philippines, a nation with one of the most expensive broadband prices in relation to the quality (namely speed) of broadband service provided. I've taken up this research topic because I would like to know a viable and accurate explanation just how market structures affect our broadband quality.

I am also looking for willing respondents who are experts in Economics/Telecommunications who would answer a questionnaire via e-mail. It has proven rather difficult for me to meet the needed number of respondents however I am hoping that this community would help me out.

Thanks to the Mod for giving me the greenlight to post this.

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πŸ‘€︎ u/Tapsilogger
πŸ“…︎ Feb 08 2015
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Monopolistic Too-Big-to-Fail Banks Try to Crush Credit Unions as Competition by Removing Tax Exemption. truth-out.org/buzzflash/c…
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πŸ‘€︎ u/GonzoVeritas
πŸ“…︎ Jul 08 2013
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Difference Between Monopoly and Monopolistic Competition bm3school.com/2018/03/dif…
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πŸ‘€︎ u/PostNationalism
πŸ“…︎ Mar 12 2018
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Nakamoto Institute farce: "I think currency competition is inherently monopolistic" nakamotoinstitute.org/mem…
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πŸ‘€︎ u/pokertravis
πŸ“…︎ Jun 12 2017
🚨︎ report
What is the effect of a change in elasticity on price and amount in monopolistic competition?

Hi everyone! I've got a specific question I'm not sure how to answer which is summarized above. I assume that ATC and MC do not change, but the end point of the demand curve will move along the horizontal axis. How does the MR curve react to these changes? What about the price-maximizing price and quantity?

https://imgur.com/RmA5CgQ This is the graph I made for the "initial" situation.

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πŸ‘€︎ u/Roghish
πŸ“…︎ Dec 27 2017
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Is Facebook in monopolistic competition, part of an oligopoly, perfect competition...etc?

I've been curious about what social media's market structure is. I've tried searching online, but there seems to be differing opinions of if Facebook is in monopolistic competition, an oligopoly, perfect competition...etc. Facebook seems to have a large market share, but it's unclear what the competition of social media sites can be classified as.

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πŸ‘€︎ u/waitinlistuw
πŸ“…︎ Apr 11 2020
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ELI5:What is a "Monopolistic Competition" and how does it work?
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πŸ‘€︎ u/Shxlls
πŸ“…︎ Mar 15 2018
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