Sociology G673 power and control ownership

Big companies buy up small ones so there are fewer big companies.
Bagdikan-would be 25,000 small companies but there are 5 big companies that own it all.

When a company buys up things they use within their company to save money in the long run. E.g. Newspaper buying printing resources

When a company buys other companies within the same sector. E.g. A newspaper company buying other newspaper companies.

To go beyond national boundaries (the world). Where companies own other companies around the world.

Going outside of the media and owning companies. E.g. owning channel 5 to also owning a football club.

• Similar to vertical integration
• releasing similar products at the same time and making money from those products. E.g. Toy story 3 being out then the toys being released to buy at the same time.
• Vertical integration would be where Disney would own companies making toys.