The Telecom Industry And Monopoly Power In The New Gilded Age

Companies like in The True cost, and other industries deal with monopolies. Workers continue to lose what little amount of money they earn while the owners of high end companies get what they want. 40 million people are in textile industries and have a minimum wage of 3 dollars a day and 10 dollars a month. Textile workers struggle with different things. With companies creating monopolies, it makes it harder for the workers with diseases and other things. Company owners make creations for other things that are helpful, but whilst doing this it doesn’t help people financially and wealth wise; therefore, this is an example of monopoly that will be discussed later on.

Agriculture

Agriculture can cause monopolies in ways that can harm land and

services such as Verizon FiOS can compete effectively with cable, but the two companies that could have an effect in this field, AT&T and Verizon, have not made this competition a reality AT&T never pursued FTTH, and Verizon has stopped expanding its FiOS network. Instead, AT&T and Verizon have focused on wireless broadband, which lacks the bandwidth to compete effectively with cable” (yoo, Christopher S. "Captive Audience: The Telecom Industry and Monopoly Power in the New Gilded Age." Harvard Law)So these two companies have cable, cable needs certain things. With this, these companies stopped or doesn’t provide the things needed for cable, therefore, they created an entirely new thing. So, with the companies, buyers will need these new things and need them, while the companies are getting paid while buyers are

Once YSL’s use of the red sole is ruled out by the court, any third party’s use of the red sole in commerce may trigger the infringement of Christian Louboutin’s color mark rights. What makes this monopolization possible is trademark law, which entitles Christian Louboutin to prevent others from using the red sole in the commercial process of merchandising shoes. The concept of trademark distinctiveness opened the door for that monopolization, because the red sole mark became trademarkable once its acquisition of requisite secondary meaning in the market was shown.” (Sun, Haochen). So YSL is using Louboutins ideas or their items and they are getting credit for it. So YSL is theoretically winning and getting money by taking over something that is not theirs. So this is an example of competitive monopolies.

Soles are another example of product monopolies, but there are other products that can create monopolies as well. Sole companies or any other production companies can be competitive and create a monopoly through a variety of a