Articles Article Example | Topics and Well Written Essays - 750 words

Articles - Article workoutFrom the comment, I speak up the 60% fall in rock oil will make larger companies to acquit because OPEC is likely to give up some market share. In addition, the smaller shale companies are likely to crumble because in the long run they will run into huge losses for operating below the breakeven point. The collapsing oil prices will lead Russian into economic recession because of their worsening financial condition.Basically I think it is the free market that prevents monopoly from forming. Monopolies that are often seen as free market monopolies are not genuinely monopolies because the fee market often prevents individuals from cornering the market. A free market does not allow coercive monopolies because it is abrupt to all and not for only one telephoner. There is always someone else or another company that is willing and/or capable of making the same product for lesser or the same price. commanding monopolies commode be given to the free market agents by government legislation, for instance franchise crease for only a specific group of stack, however, the government can interfere incase such people are exploiting the market.Monopolies do not exist in a free market because it has unrestricted competition. However, monopolies can be granted by only the regulation by the government. Patents only restricts the use of the inventors invention but does not prevent others from coming up with almost a similar invention. For instance, the accompaniment that Coca Cola has patented its Coke brand has not prevented PepsiCo from inventing Pepsi cola.Income brackets have created divisions of classes that have inequities and disparities income due to barriers created by society, however there is considerable income mobility. I think there is income mobility but the individuals do not billhook it easily due to the relative value of money because as income rises, the prices of products also rise. In