ORIGINAL: Gordon Mc
ORIGINAL: STLPilot
The AMA is not a monopoly and if you think that you don't know what the word monopoly means, you're just throwing it out in a sentence. Anybody can start their own AMA organization if they want too. Anyone can start their own insurance company for RC fliers too.
Sounds to me like we're not the ones misunderstanding what a monopoly means - per your definition,
nothing would ever be a monopoly - you could theoretically start your own phone company, your own electric & gas provider, airline, etc., etc. The enforced breakup of the telephone companies etc shows that the legal definition of monopoly doesn't match yours.
Per
http://www.tutor2u.net/economics/gcs...s_monopoly.htm : Monopoly is a situation in which the market is dominated by one seller or producer. By law a monopoly occurs if a firm has a market share of 25%.
Per
http://business-law.freeadvice.com/t...poly_power.htm : Today, a general definition of a monopoly is where nearly all of one product type or service is owned by one person or group of people within a community or area.
Monopoly doesn't mean that it's absolutely impossible for someone to start up a competing company or organization - it just means a company or org has a dominant position. Furthermore, there are classes of monopolies - pure, natural, etc.
Gordon
As we learned last time in this forum, STL should provide his definition of, in this case, monopoly.
actually, if they, the ama, wishes to retain it's curent 501***status, we, the members do have the right to demand answers to where the funds are going.
Yes, and we know where the money goes, we just don't control how it's spent.(well, we do, it's called voting for those who don't know)
50%