Monday, April 18, 2011

Critique on Megans Beer article

My critique one this article about how the major beer companies are being an oligopoly and raising their prices together is wrong. Personally I see nothing wrong with what they are doing. In our economic and culture there is going to be a endless demand for beer (alcohol). The C.E.O.’s of these companies know what is going on in today’s society and they know they people will pay for their beer. This Article states that Obama’s administration has been trying to break up the monopolies and others like it. This is impossible. The people who were smart and bright enough to start this venture should have all the benefits. There is nothing the government can really do. Alcohol is an depressant and a lot of the United States drinks, some depend on it. The only way they can really do something about these companies is to ban alchol again. We all know that wouldn’t work. Why would Obama want to break this up? These companies supply thousands of jobs in the united states and its companies that will not go under. Yes, their prices are going up, only because they know they will make the money. what company does not want to make more money. These companies will always meet the supply of the demand that is asked for. I also dont think they are doing this on purpose persay. Their costs for everything they do has gone up and times are still affecting them so they are in the product market where they can push their prices and make up for the deficits.

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