Conglomeration response

 Today in class, a student asked if conglomeration is a good thing or bad, so we began to list out the pros and cons. Some of the pros were: more money, less competition etcetera. Some cons were: less jobs, less originality, and lower quality. As I began to look over the list it appeared to me that one of the main reasons for conglomeration is to make more money. For example, Disney is a multi million dollar corporation because of all the companies they own. Then once they buy another company, they can eliminate jobs that aren't needed anymore, making even more profit. There are benefits to conglomeration, like the companies making a comic book are created into a movie because the movie company bought the comic book company. And because the book is so popular, the corporation is making more money in return by creating the movie. If you really think about, the main drive behind conglomeration is for the corporation to make more money.

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