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| Topic: |
Technology
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| Number of pages / Number of words: |
7 / 1819 |
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I personally know this when I have traveled to Mexico and have been sold gasoline for my car at a very high inflated price because I find myself high in the sierra mountains and there is only one gas station available thus everyone is forced to buy from this monopolizing provider. Contrastingly, competition brings prices down as is the case in the internet where stores have been forced to lower their prices even more since the competition has increased even more in the global market...
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I personally know this when I have traveled to Mexico and have been sold gasoline for my car at a very high inflated price because I find myself high in the sierra mountains and there is only one gas station available thus everyone is forced to buy from this monopolizing provider. Contrastingly, competition brings prices down as is the case in the internet where stores have been forced to lower their prices even more since the competition has increased even more in the global market...
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General points of the essay
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