INTRODUCTION
TAYLOR SWIFT
WHAT IS NEOLIBERALISM?
AN ECONOMIC MODEL THAT LIMITS THE ROLE OF THE GOVERNMENT, BOOST FREE MARKETS AND DEREGULATION
WHAT IS THE EFFECT OF MONOPOLIES ON SOCIETY?
THEY HEIGHTEN INEQUALITIES
WHAT COMPANY DID TAYLOR SWIFT FILE A LAWSUIT AGAINST?
TICKETMASTER
WHAT IS MARKET COMPETITION?
THE MECHANISM THAT DRIVES EFFICIENCY, INNOVATION AND GROWTH
SHOULD GOVERNMENTS INTERFERE IN PREVENTING MONOPOLIES?
WHAT IS A MONOPOLY?
A MARKET WITH AN ABSENCE OF COMPETITION
HOW TO SPOT MONOPOLISTIC BEHAVIOR
IF A COMPANY EXCLUDES OTHERS ON ANY OTHER BASIS THAN EFFICIENCY
WHAT FORMS CAN EXCLUSION TAKE (THINK 2 GROUPS)
PEOPLE AND BUSINESSES
WHAT IS CLASS EXCLUSION?
THE INFERIOR CLASS IS EXCLUDED FROM THE SUPERIOR CLASS TO ACCESS A PRODUCT OR A SERVICE
WHAT TYPE OF BUSINESSES SUFFER FROM A STRONG MARKET CONCENTRATION
SMALL BUSINESSES