Should sociologists be concerned with corporate power? First, define monopoly and oligopoly power adn then address 3 areas of concern that sociologists and/or the public should be critical of when considering the power of large corporations. Why or why not pay attention to these issues?© BrainMass Inc. brainmass.com June 4, 2020, 12:09 am ad1c9bdddf
Monopolies, companies with limited or no competition, and oligopolies, companies with few competitors, are both among them most powerful organizations. These two types of organizations can be found all around the world. A power company is a monopoly because in most areas, there is only one choice, perhaps two, of where people may obtain electricity and other power needs. The auto companies are oligopolies as are most major airlines because while there are competitors, they are limited and a very ...
The solution discusses the interest of sociologist on the topic of corporate power.