Tuesday, September 16, 2014

Conglomeration

I believe that conglomeration can have both good and bad effects. Sure, it's awesome for the company because now they don't have to pay to either create content to distribute or to distribute their content. They can keep a lot of money for themselves but the services they provide can end up being a lot more expensive for the consumer because now there is less competition so they can raise their prices and people will have less options so they will most likely spend the money on that service. But also in theory the consumer could save money because the company is keeping money so they can lower their prices. As I said before, conglomeration can be both bad and good.

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