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| INTERSTATE COMMERCE COMMISSION |
(The Interstate Commerce Commission was a group of legal individuals who watched over commercial activities that were
between different States. They were in charge of disputes and problems between transportation agencies such as railroad, buses,
and trucking companies.)
| FEDERAL COMMUNICATIONS COMMISSION |
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| (Working to Censor) |
The
Federal Communications Commission was set in place to make sure we are receiving the best quality allowed and that
the material being transmitted is safe and censored. Their duty is to watch over
all radio, television, and cable communications to make sure everything followed the guidelines that were set in place.
The
Theory of Monopoly is that there will be no substitute for a product or service thus creating only one supplier to reap all
the profits. Having a Monopoly would ensure higher prices since the producers
can sell at any price they choose so long as there is a demand for the product and a lack of competition in the market.
Having a Monopoly is like having the world at the
palm of your hand. You control all aspects of
operations.
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