2006-08-16 04:43:26 · 12 answers · asked by Anonymous in Business & Finance ➔ Corporations
No! competition is fundamental to the capitalist system. Unless you are wanting to run again with that command economy stuff (communism), where you have a state monopoly. That system always fails in the end, but mindless lefties still pursue their desire for a totalitarian government. Also, we have what used to be called 'The monopolies and mergers commission' which prevents takeovers that are not considered to be in the public interest, possibly creating a near monopoly.
2006-08-16 05:00:24 · answer #1 · answered by Veritas 7 · 0⤊ 0⤋
No because nothing is forever. The economy is dynamic. New businesses, new types of business are being formed all the time. Where was Microsoft 50 years ago? The world is a big place. Sure we have consolidations & bankruptcies but we are not heading in the direction you have conceived. How coudl we intest in the stock market with only one stock? The world would grind to a halt. No. Can't see it but then what do I know?
2006-08-17 07:28:10 · answer #2 · answered by Frank M 3 · 0⤊ 0⤋
In a word...No, The concept of a 'free market economy' prevents one solitary corporation/company/group owning everything
Why, very simple, the consumer is KING, without consumers, you have no economy, it's consumers who determine where they shop, where they buy things from and who they do business with (both in a B2B and B2C capacity)
Consumer choice prevents one PLC or group/corporation owning everything
2006-08-17 05:05:18 · answer #3 · answered by carmel_andrews 3 · 0⤊ 0⤋
Sound illegal. Dont think that will ever happen. I own a corporation, if someone bought me out, I would just go start another one.....and so on.
2006-08-16 16:03:34 · answer #4 · answered by Brandy 3 · 0⤊ 0⤋
Don't think just one, but maybe 3 or 4...Think of this, how many cell phone carriers did we start with? And how many are there now in the US? How many oil companies are there now? All and I mean ALL the MEDIA and NEWS companies are owned by 4 companies only! Guess who owns NBC, CNBC, MSNBC ets..... Yep one company guess who??? GE! and maybe a little bit of another small one....Microsoft
2006-08-16 12:04:11 · answer #5 · answered by poojally 2 · 0⤊ 0⤋
Well .... I think we've seen that tried already. The corporation was called 'The Party' and the system is referred to as 'Communism'; didn't work so well.
2006-08-16 11:58:01 · answer #6 · answered by Michael K 6 · 0⤊ 0⤋
Could Be, Multinational companies are diversifying and taking on
all manner of different things to become bigger, and stay on top of the Market. It's all about Money isn't it?.
2006-08-16 11:52:27 · answer #7 · answered by pa69oldfart 4 · 0⤊ 0⤋
You my friend are talking about God and his heavenly kingdom methinx... that is the only place imaginable where that could happen. ;-)
2006-08-16 11:50:00 · answer #8 · answered by fistfull-of-$ 3 · 0⤊ 0⤋
No. That would be a monopoly. Which is illegal in the US.
2006-08-16 11:50:08 · answer #9 · answered by pollypureheart 4 · 0⤊ 0⤋
100% defo!!
2006-08-16 11:49:47 · answer #10 · answered by Anonymous · 0⤊ 0⤋