Conglomerates and Market Domination

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The purpose of this discussion is to help you understand
the role of corporations in the modern world, and evaluating ethical
aspects of corporate market domination. Prepare and post a response to
the following prompts:

  • What is a corporation? What are the defining
    characteristics of a public corporation? What is a conglomerate? What is
    the difference between a corporation and a conglomerate?
  • Describe how media conglomerates are organized in
    the United States. Use an example of one media conglomerate and examine
    is various parts. How might these parts work together for mutual
    advantage?
  • Consider the ethics of media conglomerates. What
    are the advantages and drawbacks of allowing large conglomerates to
    control the mass media? What are alternative ways the media can be
    organized? Would the alternatives be more ethical or virtuous? Explain
    your reasoning.

Your initial post should be at least 250 words in length.

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