… One legal definition of a monopoly says:
A monopoly is when a company has exclusive control over a good or service in a particular market. Not all monopolies are illegal. For example, businesses might legally corner their market if they produce a superior product or are well managed. Antitrust law doesn’t penalize successful companies just for being successful. Competitors may be at a legitimate disadvantage if their product or service is inferior to the monopolist’s.
However, the legal firm notes, monopolies certainly can run afoul of the law — like when they are established or maintained through illicit or improper conduct, including exclusionary or predatory acts.
Does the so-called “mainstream media” today qualify as an illicit monopoly? On the surface, it wouldn’t seem so, since there are literally thousands of media companies. However, when you factor in the reality that all the media seen by the vast majority of Americans is owned by just a few companies, then it becomes obvious that there is a ‘monopolization’ of ideas, and of ‘facts.’
If we truly had an American ‘mainstream’ media interested in competing against one another to get to the bottom of the day’s most pressing stories, reporting facts backed by real sources and evidence — and without the intention of helping one political party over the other — this wouldn’t be a problem.
But as it is, nearly all major media are owned by like-minded Leftists who get together behind the scenes to create “narratives” instead of reporting stories diligently and honestly. (Related: EPIC! President Trump calls out AstroTurf “elevator screamers” and George Soros.)…