Monopoly is divided into three types: natural monopoly, market monopoly and administrative monopoly

Natural monopoly is relatively rare now. European and American markets are mostly market monopoly, and only a few industries have administrative interference. .

China is a planned economy with centralized power. This is of course closely related to our country’s culture. Most of our country’s water, electricity, network, coal and other livelihood industries are administrative monopolies.

Mainly due to institutional reasons, China does not have good supervision and checks and balances on power. However, China also has advantages. Many large foreign companies, such as Volvo, Monsanto, Wal-Mart, etc., also have large venture funds. , they have special anti-monopoly laws to intervene in politics, mainly through legal sanctions, but these companies can do whatever they want internationally. Therefore, the concentration of national wealth in new economies can be better handled by foreign capital. impact.

Among the banks, only China Minsheng Bank is privately owned, and the others are state-owned banks. Compared with other industries, the banking industry is more special. Banks control currency circulation, financing, futures and stock indexes, and in financial crises. , they also involve the risk of asset compression, etc. In short, banks are related to the arteries of the entire economy. In China, this will inevitably lead to state control. In 2011, banks were rated as the most profitable, but their profits mainly come from Regarding service fees, what is even more annoying is that its price-to-earnings ratio is much lower than its profit margin.

I won’t go into details. I think this is quite complicated. Let’s talk about it again when we have a chance