Monopoly: Myth or Fact?

What is a monopoly? Lets ask the expert:

Imgragael: Excuse me, Mr. High School Economics Teacher, can you tell me what a monopoly is?

Mr. H.S.E.T.: That is a good question Imgragael, quite simply there are two types of monopoly, one is where the situation exists where there are no close substitutes: A monopoly is not merely the state of having control over a product; it also means that there is no real alternative to the monopolised product.

The other type is the integration monopoly, where a company aquires not only all pre-existing companies that produce the same product(s) but control the distribution and manufacture of said product(s).

Imgragael: How can that affect telecommuncations?

Mr. H.S.E.T.: Another good question, quite simply it is virtually impossible for a company to aquire or own a monopoly in any market where tv, phone or internet services are offered. Again, for a company to exist as a monopoly, no other forms of competition can exist. In any market such as a major city, you have an infrastructure that already exists, the phone company owns the phone lines, the Tv stations can broadcast over the air, and internet can be provided in several fashions including standard dial-up, Digital Subscriber Line, or Broadband(cable). So, you see, in any market, monopoly cannot exist in the case of telecommunications.

Anyway, when I listen to callers claim 'monopoly, whine boohoo' I feel no sympathy for their issue, but I feel sorry for them because they are ignorant of facts and probably dont care to learn the truth.

"If ignorance is bliss, why aren't more people happy?"

Cast of Characters
Imgragael - Rusty
Mr. High School Economics Teacher - Rusty

Information gathered from the following sources:
wikipedia - definition of monopoly.

mild musings.

Greetings and salutations from la-la land. I am visiting la-la land because I am on that edge of being awake and asleep, you know, that point when your body gets the tremors, you yawn 2 to 3 times a minute. You might stare blankly at the wall and start to develop that little bit of drool, but your eyes are wide open. Well, let me say this.. the view from here is amazing! but dont ask me what it is I am looking at.

Here in la-la land, the people are annoying, even in their friendliest tone, but alas I am stuck here until the plane departs at 2pm. problem is I have no idea what I am going to do when I leave. oh well. I guess I will just sit here and be a good leiason between these citizens of la-la land and my home.

btw, did you know that when a stupid person makes a stupid phone call, a kitten in a foreign land is killed and eaten? neither did I until I akshoelley saw it.

/me sighs. I am tired.

Be Prepared.

This is the motto of the Boy Scouts.. and guess what, it should be everyones motto. There is truely no excuse to be unprepared for weather conditions such as extremely hot & dry summer, cold and damp winter, hurricanes. These are a regular occurrance and are not going anywhere any time soon. I live in the upper edge of tornado alley, even I dont have an excuse to not be prepared, but I was cautious enough to get a weather radio. so far its probably the best single adverse weather item I have ever spent money on. Now back to those of you living on the Gulf coast. um... its hurricane season. you have DAYS to get the necessary items gathered, packed, stored and stashed, yet you dont. why?

Get a clue people. High winds, High water, and High blood pressure kill. dont be stupid, if you die, we have to pay more in taxes.