Thursday, December 9, 2010

Post 5 - Please write a blog entry on one monopoly or cartel (oligopolies that cooperate) that you want broken up and how that change would benefit you, your friends, and family.

An Oligopoly that I would like to see broken up is the gas industry. If this oligopoly were to expand and allow more companies this would allow for more competition. If there is more competition in the gas industry this will drive the price down which would in turn not only help me, but help everyone else driving an automobile.

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