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nikkodemus

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  • Aug 12th, 2016 @ 2:44pm

    (untitled comment)

    This writer does not seem to understand what the word monopoly means. A monopoly exists when a single entity owns well more than 50 % of a market for a good or service. An example of that would be Google, which controls over 70 % of the search market here, and over 90 % in Europe. Another would be You Tube, which controls the vast majority of the user video market. Neither BMI or ASCAP own over half the PRO market. What is also interesting is that the DOJ dictates that members of ASCAP and BMI are not allowed to negotiate directly with services like Pandora. If they could, the number of sellers on the market would actually go up! So the DOJ on the one hand claims it is concerned about monopoly power, yet, it's own decisions actually force greater market concentration! Kind of Bipolar behavior! Another thing the writer should educate himself on is a concept called "markets." In a market, a buyer and seller come together and if they agree on a price, a transaction occurs. This seems to exist everywhere but in the music industry, where the Obama DOJ seems obsessed with musicians. Did I mention that Google lobbyists visited the Whitehouse more than any other lobbyist these last several years? I do wonder what they talked about?!

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