Advantages and disadvantages of media monopoly

With their intertwining boards of directors and uncountable synergistic partnerships, these six media behemoths exercise significant control over the dominant, public modes of communication in society and the communication agenda in general.

Advantages and disadvantages of media monopoly

Power generation and supply in most of the parts of the country Automobile industry Long distance road transportation by bus.

Many of there routes have buses operated by limited numbers of operators. Internet service providers ninecows Student These examples are given considering India as a unit, hence state specific monopoly is not considered as pure monopoly.

Advantages and disadvantages of media monopoly

No existing competition in a designated market. Coal India - State-controlled CIL being the largest coal producer in the world has the major market share for mining and production, but exclusive rights to sell coal in India. A few other power companies can mine coal, though strictly for their own consumption for power generation.

Hindustan Aeronautics Limited - Enjoys complete monopoly in production of commercial air crafts in India. Indian Railways - The only railway operator in India. The whole unit is divided in zones that are further divided into divisions, that is owned and operated by Ministry of Railways under the Government of India.

Monopolistic Competition - A type of imperfect competition where similar products exist but are not the perfect substitutes due to slight differences. FMCG - Fast Moving Consumer Goods - An industry with stiff and Varied competition with old and established and new and establishing companies constantly striving for dominance.

This can be further divided in sections under FMCG. Dairy - Mother Dairy, Parag and Amul to name a few with smaller brands existing with minuscule market shares. Other consumer products - From beauty products to daily essentials like toothpaste and soaps companies like Hindustan Unilever limited, Godrej, ITC enjoy their dominance depending on their popularity in parts of India.

Banks - Public and private sector banks have their dominance in various regions of India. Reddy's, Sun Pharma and many others enjoy major market shares for certain specialty and patented drugs however the general medicines market share is fairly divided.

Others - Other examples are Restuarants and coffee shops, fashion and clothing brands, eShops. Electricity - Private and state owned providers depending from state to state.

Access hundreds of thousands of answers with a free trial.Disadvantages of an Economics Monopoly. It is not unusual coming across a company wishing to beat or even get rid of its competitors. This can be achieved by getting hold of contending companies or by obtaining most of market share.

Characteristics advantages and disadvantages of a Monopoly. Print Reference this. Published: 23rd March, Disclaimer: This essay has been submitted by a student. This is not an example of the work written by our professional essay writers. Disadvantages of Monopoly. Please give five real life examples in India for the terms monopoly, monopolistic competition and oligopoly.

Detailed examples which are still existing in India would be much appreciated. A two-party system is a party system where two major political parties dominate the government. One of the two parties typically holds a majority in the legislature and is usually referred to as the majority or governing party while the other is the minority or opposition the world, the .

Monopoly Advantages. A compelling benefit to the monopolist provider is exclusive access to customers in need of particular goods and services.

Because no business competitors exist, the monopolist doesn't have to invest as much to create or market goods. The lower cost structure allows for stable and consistent profit margin opportunities, according to the Library of Economics and Liberty. The most common forms of media today are radio, internet, newspaper and television.

Media is an important part of our lives. It is also two-sided meaning that it has a positive side and a negative one.

What Are the Advantages and Disadvantages of a Monopoly? |