What is the middle class?

IBM was not destroyed by Microsoft.

dear, IBM had a 82% share of the hardware and software market. Now they are not even in the biggest part on industry and MS/Intel have a market cap$500llionbillion which would have been IBM's had not the free market punished their slowness to respond.

Its 100% classic and taught in MBA programs. A monopoly makes you complacent and you lose to new competiton.

See how stupid a liberal is? A liberal lacks the IQ to be here.
 
Microsoft is still a monopoly.

300% stupid of course. Classic MBA school stuff. Microsoft fell asleep exactly as IBM had done before. And, they never had hardware and software as IBM had had. Apple Dell HP Google Samsung Facebook You Tube, Twitter, Instagram etc etc took what they had away from them precisely because their success blinded them to the changes right around the corner. In business the experts soon become the dopes.

Now you understand why socialist planning fails. An anti trust person is just a soviet bureaucrat in the end. A liberal simply lacks the IQ to understand how freedom works.
 
Oil companies, are natural monopolies,

does the pure idiot liberal mean that these 300 companies (partial list below)are a monopoly??


Global largest Oil and Gas Companies[edit]
Country Company name Revenue 2014
(US$ billion)

Sinopec 455.06
China National Petroleum 432.00
Royal Dutch Shell 421.11
Exxon Mobil 394.11
Saudi Aramco 378.00
BP 358.70
Total SA 212.02
Chevron Corporation 192.31
Lukoil 144.17
Eni 131.82
Valero Energy 130.84
Petrobras 130.00*
PDVSA 128.44
Pemex 117.50
National Iranian Oil 110.00**
Petronas 100.74
China National Offshore Oil 98.53
Marathon Petroleum 97.81
PTT 93.55
Gazprom 93.16
 
Oil companies, are natural monopolies,

does the pure idiot liberal mean that these 300 companies (partial list below)are a monopoly??


Global largest Oil and Gas Companies[edit]
Country Company name Revenue 2014
(US$ billion)

Sinopec 455.06
China National Petroleum 432.00
Royal Dutch Shell 421.11
Exxon Mobil 394.11
Saudi Aramco 378.00
BP 358.70
Total SA 212.02
Chevron Corporation 192.31
Lukoil 144.17
Eni 131.82
Valero Energy 130.84
Petrobras 130.00*
PDVSA 128.44
Pemex 117.50
National Iranian Oil 110.00**
Petronas 100.74
China National Offshore Oil 98.53
Marathon Petroleum 97.81
PTT 93.55
Gazprom 93.16

Well , Ed, you'd be surprised.
Sinopec and China National petrolum are oligopolies .... close enough
Pemex and Pedevesa are both SOE and yes monopolies. In fact , both of them provide about 30% of the government's budget in their respective countries.
Gazprom is a Russian natural gas monopoly
Petrobras is alsoa SOE ( 64%) and was a state monopoly until 1997.
Saudi Aramco is also a monopoly , one of such power that it is able to single handedly determine oil prices.
... and let's not forget US own oil monopoly company : standard oil, broken up in 1911.
 
Well , Ed, you'd be surprised.
Sinopec and China National petrolum are oligopolies .

100% stupid and liberal as always. With well over 500 oil and gas companies there are no oligopolies!!!!!!! See why we say 100% stupid is 100% liberal!!! I gave you the list and still you cant understand that 1+1=2
 
400 Gazillion, Brazillion % stupid

Yes, that would be ed.

100% stupid and liberal as always. With way over 500 oil and gas companies there are no oligopolies in oil and gas!!!!!!! See why we say 100% stupid is 100% liberal!!! I gave you the list of 500 oil companies and still you cant understand that 500 is not an oligopoly.

In sum, you are a brainwashed Marxist but too stupid to know it. Marx worried about monopolies and oligopolies and so do you even after 150 years of history shows that there are none to speak of.
 

Forum List

Back
Top