John D. Rockefeller wanted to dominate oil, but Microsoft wants it all, you name it: cable, media, banking, car dealerships.
About this quote
- What does it mean?
- Modern corporations seek monopolies across diverse sectors like media and banking.
- In plain terms
- Companies today want to own everything from oil to banking.
- What can you take from it?
- Monitor corporate consolidation to protect competition.
Where it applies
Putting it to work
Questions to consider
- Should companies own so much?
- How does monopoly affect prices?
Another view
Some argue large companies offer efficiency and stability.
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