There are lots of cases of monopolies; single companies that control an entire industry. In some cases, it's a result of government collaboration, and in others, it's simply a case of one company that's too big for competition. But are these good things? Does it discourage healthy competition or does it allow for stronger, unencumbered economic growth? Are monopolies healthy or unhealthy for an economy? What are some private and public examples? Are they increasing or decreasing?
Let's take a deep look at monopolies. You might be surprised by some that you didn't even realise were there. Let's see how they became what they are and how they impact the market. let's better understand these financial giants and how they operate, and let's speculate about their futures. As business changes and grows exponentially, some monopolies struggle to keep their edge while others only get stronger. Which ones are which? And why? And what's next? Let's have a fascinating financial discussion!