Archive for October, 2011
Monopoly in Government?
My Opinion which doesn’t mean much!
NO, I’m not talking about Parker Brother’s Game nor am I talking about McDonald’s food game. I’m talking about our own United States Government.
Monopolies are not good for our Republic, granted, but the need for anti-trust laws only happen when people/corporations lose their sense of ethics and turn into power-hungry crooks! The majority of hard-working entrepreneurs are honest. Unfortunately, I believe, what this Administration is doing is just that, making a government monopoly. When they cannot get Congress to agree with the Administration they simply go around Congress and mandate more regulations on small or large businesses till they get buried into the ground. Pitiful.
Here are definitions by Merriam-Webster.
Definition of MONOPOLY
1: exclusive ownership through legal privilege, command of supply, or concerted action
2: exclusive possession or control
3: a commodity controlled by one party
4: one that has a monopoly
Examples of MONOPOLY
The government passed laws intended to break up monopolies.
Origin of MONOPOLY
Latin monopolium, from Greek monopōlion, from mon- + pōlein to sell
First Known Use: 1534
mo·nop·o·ly /məˈnɑ:pəli/ noun
1 [count] a : complete control of the entire supply of goods or of a service in a certain area or market▪ The company has gained/acquired a (virtual/near) monopoly of/on/over the logging industry in this area.
b : a large company that has a monopoly▪ The government passed laws intended to break up monopolies.
2 [singular] : complete ownership or control of something — usually + on or (chiefly Brit) of ▪ He seems to think he has a monopoly on the truth. [=to think that he is the only person who knows what is true]— mo·nop·o·lis·tic Listen to audio /məˌnɑ:pəˈlɪstɪk/ adjective
Definition of MONOPOLIZE
: to get a monopoly of : assume complete possession or control of <monopolize a conversation>
— mo·nop·o·li·za·tion noun
— mo·nop·o·liz·er noun
Examples of MONOPOLIZE
He’s always monopolizing the conversation.
The company has monopolized the market for computer operating systems.
One group monopolized the camping area, taking almost all of the campsites.