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#25. Monopolies and ...

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#25. Monopolies and Anti-Competitive Markets - Crash Course Economics

- In Rockefeller's words, "The growth of a large business is merely a survival of the fittest."

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#25. Monopolies and ...Version en ligne

#25. Monopolies and Anti-Competitive Markets - Crash Course Economics - In Rockefeller's words, "The growth of a large business is merely a survival of the fittest."

par Lola Nguyen
1

(adj) [usually before noun] (of an activity) in which people compete with each other in aggressive and unfair ways

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2

(vt) to use violent methods to defeat people who are opposing you

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3

(n) [usually singular] the exact opposite of something

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4

(vt) (formal) to create or establish something

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5

(n) something that blocks you so that movement, going forward, or action is prevented or made more difficult

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6

(n) (plural) Rào cản nhập ngành

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7

(n) Thị Trưởng

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8

(n) chủ nghĩa tư bản thân hữu

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9

(n) [U] the quality of something, such as a situation or an argument, that makes it easy to understand

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10

(n) [U] (formal) the fact of being responsible for your decisions or actions and expected to explain them when you are asked

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11

(vt) to have and use power, authority, etc.

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12

(n) thị phần

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13

(n) Luật Chống Độc Quyền

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14

(vt) to make something illegal

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15

(vt) (formal) to experience and deal with something that is painful or unpleasant, especially without complaining

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16

(v) to combine or make two or more things combine to form a single thing

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17

(n) (business) a company, piece of land, etc. bought by somebody, especially another company; the act of buying it

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18

(n) [economics] the act of buying companies that produce similar products

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19

(n) [economics] when a company directly owns or controls its supply chain.

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20

(vt) to prevent somebody/something from entering a place or taking part in something

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21

(phrasal verb) (informal) to make something end by disturbing or ruining it

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22

(vi) to secretly plan with other people to do something illegal or harmful

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23

(n) quyền dành riêng , độc quyền

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24

(n) là giấy chứng nhận về sáng chế được pháp luật công nhận và cấp cho chủ sở hữu sáng chế.

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25

(n) Hiến Pháp

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26

(n) Quyền sở hữu trí tuệ

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27

(v) If something that lasts for a fixed length of time ________, it comes to an end or stops being in use

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28

(adj) giving the best possible profit or benefits in comparison with the money that is spent

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29

(n) [U] used water and waste substances that are produced by human bodies, that are carried away from houses and factories through special pipes

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30

(n) (plural) những ngành phục vụ công cộng

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31

(n) [economics] lợi thế theo quy mô

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32

(vt) to use power or knowledge unfairly or wrongly

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33

(n) độc quyền không ép ngượng ép (tự nguyện)

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34

(n) the practice of charging different consumers different prices for exactly the same product.

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35

(v) vận chuyển hàng hóa

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36

(phrasal verb) (informal) to succeed in doing something difficult

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37

(n) vụ giải thể doanh nghiệp

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Feedback

- a cut-throat business/market/world/competition || - a cut-throat price

- The army was sent in to crush the rebellion.

(ăn-tĭth′ĭ-sĭs) - He is the exact antithesis of what I find attractive in men.

(ĭ-rĕkt′) - to erect trade barriers

(ŏb′stə-kəl) - The biggest obstacle in our way was a tree trunk in the road.

(a) barrier to sth:a problem, rule or situation that prevents somebody from doing something, or that makes something impossible

(mā′ər)

(krō′nē) (kăp′ĭ-tl-ĭz′əm)

(trăns-pâr′ən-sē) - a need for greater transparency in legal documents

(ə-koun′tə-bəlĭ-tē) - accountability (of sb) (to sb) the accountability of a company’s directors to the shareholders

(wēld) - She wields enormous power within the party.

(ăn′tī) - They're called anti-trust laws because monopolies use to be called 'trusts.'

(Cấm) - The new law will outlaw smoking in public places.

(ĕn-do͝or′) - Words alone cannot convey the untold misery endured by people in these refugee camps.

(mûrj) - The banks are set to merge next year.

(ăk′wĭ-zĭsh′ən) - The group has announced its first overseas acquisition: a successful software company.

(hôrĭ-zŏn′tl) (ĭn′tĭ-grā′shən) - Hội nhập theo chiều ngang

(vûr′tĭ-kəl) (ĭn′tĭ-grā′shən) - Hội nhập theo chiều dọc

(ĭk-sklo͞od′) - She felt excluded by the other girls (= they did not let her join in what they were doing).

(bŭst) - It was his drinking that bust up his marriage.

(kən-spīr′) - As girls, the sisters used to conspire with each other against their brother.

(ĭk-sklo͞o′sĭv) - exclusive right to do sth

(păt′nt)

(kŏn′stĭ-to͞o′shən)

(ĭn′tl-ĕk′cho͞o-əl)

(ĭk-spīr′) - My passport expires next month.

(so͞o′ĭj) - Raw/untreated sewage is being pumped into the sea, from where it pollutes our beaches.

- She abused her position as principal by giving jobs to her friends.

(kō-ûr′sĭv) - Nike has about 90% market share in basketball shoes, but it's not a natural monopoly. It's a non-coercive monopoly. There are plenty of other shoe companies and people aren't forced to buy Nike shoes.

(dĭ-skrĭm′ə-nā′shən) - To pull off price discrimination, a business needs to be able to segregate the market based on consumers' willingness to pay.

- (hôl) (frāt)

- I never thought you'd pull it off.

- Up to the 1970s, AT&T was given natural monopoly status, which gave it nearly control of the telephone industry. In 19741, an anti-trust lawsuit was file by the Department of Justice, and the end result was the largest coporate breakup in American history

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