What could be the consequences arising from domination by a single wealthy individual of, for example, digital satellite TV?

Title: What could be the consequences arising from domination by a single wealthy individual of, for example, digital satellite TV?
Category: Social Sciences / Controversial Issues | Words: 1057 | Pages: 4.5 (approximately 235 words/page)

What could be the consequences arising from domination by a single wealthy individual of, for example, digital satellite TV?

<Tab/>People in contemporary times are becoming more and more demanding and dependent on technology. Many people have capitalized financially as a result of this advent. "Tech companies" have market capitalizations in the billions and have thrived. All this potential gives rise to numerous implications for those doing business. What if a company simply gets too big? The world has seen this with the flight of Bill Gates and Microsoft, which …showed first 75 words of 1057 total…

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…showed last 75 words of 1057 total…catastrophic to not only consumers financially and in terms of quality of service, but also in terms of selective broadcasting. The Federal Communications Commission has rejected the merger, but it is still considering it. Although the affairs of corporate America seem far off and distant, irrelevant to the lives of the average Joe, the creation of a monopoly in the digital satellite industry could not only change your favorite television programming, but your entire life.

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