Conglomerates and Market Domination
The purpose of this discussion is to help you understand the role of corporations in the modern world while evaluating ethical aspects of corporate market domination. Write and post a response to the following prompts:
- Describe the difference between a corporation and a conglomerate.
- Consider the ethics of media conglomerates in the United States. What are the ethical advantages and disadvantages of allowing large conglomerates to control the mass media? What are alternative ways the media might be organized that would be more ethical or moral? Explain your reasoning using both concepts from the course and academic resources.
Your initial post should be at least two hundred and fifty words in length. Support your claims with examples from the required resources and/or other scholarly sources, and properly cite any references in APA style.