I was very intrigued by the topic of today's class. The lecture today was about several different things, all interesting nonetheless, but I was very interested about "Horizontal/Vertical Monoply" concept. At first mention of "monopoly", I thought of the childhood board game. After a brief amount of time, I learned that I was not quite off in thinking so.
Monopolies operate basically the same as the game. The bigger company has enough money to buy out the smaller ones. Just like in the game, where the player with more money gets to buy more properties.
The lecture gave me a semi-different way of looking at the big, corporate businesses. I learned a lot about the strategies they use to monopolize and compete with other businesses.
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