Monopolies Must be Eliminated in America :: Argumentative Persuasive Argument Essays

Monopolies Must be Eliminated in America      Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In this day and age, competition (to a certain extent) is considered healthy and, in many instances, encouraged.   Every day, adults and teenagers alike struggle to outdo other well-qualified applicants in the job market.   Even children as young as four years old can be found competing on the little league field.   As one can see, competition is an integral part of everyday life; however, what happens when competition ceases to exist?   It wouldn’t be very challenging or rewarding if an applicant received every job for which he applied.   And a child wouldn’t enjoy playing baseball against himself.   Even though it is hard to imagine a world without competition, there are a number of American media businesses that have no or relatively little competition in the market.   In the best interest of the public, monopolies, as these competition-less companies are called, need to be eliminated immediately.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   According to Ben H. Bagdikian, monopolies form for two main reasons: money and influence.   It is common sense that the company with a very large number of consumers is going to produce more revenue than the small, independently owned business with a lesser number of customers.   The advertising agency Backer Spielvogel Bates recently conducted a four-year study of 2,746 companies.   This study showed that the companies with 1.5 times the sales of their nearest challengers were 52 percent more cost-effective.   Also, it is important to recognize the fact that influence also plays a key role in the motives of monopolistic companies.   It is believed that if a certain company can have a marked influence over the public’s news, ideas and culture, then this corporation will have a much better chance of wielding a significant amount of influence over the public concerning government issues.   If this certain media company can manipulate all public ideas and information, it only makes sense that this business will also make a considerable difference when it comes to political news (Bagdikian 1997). I agree with Bagdikian when he states that monopolies form due to a want for money and a need for power by influencing the public.   It is an undeniable fact that money and power influence people in numerous ways.   In an attempt to be the best, I believe that many companies simply came to the conclusion that they would have to â€Å"crush† any attempts that were made by a competing company.