Politics
Out of context: Reply #13850
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- ukit0
American industries that are officially oligopolies according to Wikipedia:
-Phone: Four wireless providers, AT&T, Verizon Wireless, T-Mobile, Sprint, control 89% of the cellular telephone market.
-Music: Four major music companies, Universal, Sony, Warner and EMI, receive 82% of recording revenues.
-Movies: Six movie studios, Warner, Paramount, Disney, Columbia, Universal and Fox receive 90% of American film revenues.
-Books: Six publishers, Random House, Pearson, Hachette, HarperCollins, Simon and Schuster, and Holtzbrinck, account for about 70% of the market.
-Television: The television industry is an oligopoly of eight companies: The Walt Disney Company, CBS Corporation, Viacom, NBC Universal, Comcast, Hearst Corporation, Time Warner, and News Corporation.
Radio: In the 97 top markets, two broadcasters together control more than 80 percent.
-Grain: Four firms (with Monsanto and Du Pont far ahead of the others) control over more than 60% of the nation’s grain business.
-Processed food: Kraft Foods, PepsiCo and Nestle together achieve the overwhelming proportion of processed food sales.
-Groceries: The four largest grocers receive over 70% of all retail grocery sales.
-Beer: Anheuser-Busch and MillerCoors control about 80% of the beer industry.
-Soft Drinks - Coca-Cola, Pepsi and Dr. Pepper/Snapple make up 89%.
-Energy: Overwhelmingly dominated by Exxon, Chevron, ConocoPhillips and Koch Industries.
-Biotech: 10 companies now account for three-quarters of industry revenues.
-Banking: Only four corporations have assets in the billions: Bank of America, J. P. Morgan Chase, Citigroup and Wells Fargo.
-Accounting and auditing: Controlled by PriceWaterhouseCoopers, KPMG, Deloitte Touche Tohmatsu, and Ernst & Young (commonly known as the Big Four).
Thank God for the free market.
- They own the Supreme Court, they write our legislation and run the media. Banana Republic 2.0TheBlueOne
- you are right about us being a Banana Republic, take a look at BP fiasco and Obama letting them off the hook essentially********