Cartels Oligopolies And The Global Drug Market - 1661 Words

Cartels: Oligopolies in the Global Drug Market Through my collection of the press coverage I became critical how one-sided the media can be. I do not think they are intentional, but I do not think that many of the writers do not understand the underlining consequences that a set political structure can have on an economy. In the Unites States today President Trump has his own economic agenda that manifested itself through various policies, which he has enacted since day one of his Presidency. Two of these policies are directed towards ending the epidemic of Opioids and targeting organized crime. However, I believe trump is not only interested in saving people from drug overuse, but he is also interested in expanding the United States†¦show more content†¦Trump’s second goal was to increase the budget for the Department of Justice also. The blueprint provides an increase of $175 million to target criminal organizations and drug traffickers. Overall, this article appraises Trump and emphasis how his budget is making an effort to prioritize the urgent concerns of his supporters, since most of his voter poll were those that based on geographical locations (southern, white, low-income) have been affected by the opioid epidemic greater. However, I think that this news outlet is being biased and is applauding Trump for allegedly keeping his word as a politician when he really isn’t. For example, when looking more critically into his budget blueprints his intentions are far more economical than what the Washington Examiner covered. First, when he thinks about how to treat the overuse of Opioids he believes that investing into treatments that simply up the dose (of opioid like medications) such as, heavy-painkillers and anti-depressants is proper. In other words, to ease their desire for opioids an addict in the South can go into a local treatment pharmaceuticals facility and receive new empowered-pain killers (opioids o n steroids) that will ease them in that moment, but not in the long run. Trump is not alleviating the opioid crisis, like the article presents he is. Instead,Show MoreRelatedEconomic Structure of Opec968 Words   |  4 Pagesthe Global Manager By: Maria A. Journiette August 31, 2007 Many companies operate under a monopoly which gives them an edge or a corner on the market. In this discussion we will focus on the differences between a monopoly, oligopoly, and a cartel. We will also look at what game theory is and its affect on monopolies and cartels and the welfare affect of each of the above mentioned. A monopoly is defined as, sole control of a particular line of goods or services in a given market or theRead MoreMonopolies, Oligopolies and the Economy2018 Words   |  9 PagesMonopolies, Oligopolies and the Economy Monopoly is a term to describe an industry where a seller of a product or service does not have a competitor offering a close substitute. The word is derived from the Greek words monos (meaning one) and polein (meaning to sell). Rarely does a pure monopoly exist. In a pure monopoly there is only one company making and selling the item in question; however there can also be the situation where there is one company who has the bulk of sales and the otherRead MoreMarketing Structure and Pricing Decisions5312 Words   |  22 PagesMARKET STRUCTURE AND PRICING DECISIONS BY ONIKOYI O. OLUWATOBI M.sc. Marketing A Presentation submitted to the department of business Administration and marketing Management and Social Sciences. 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