Corporations in the Modern World and the Ethical Aspects of Corporate Market Domination

Corporations in the Modern World
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Corporations in the Modern World
Describe the difference between a corporation and a conglomerate.
All conglomerates are regarded as corporations. However, not all corporations can be considered conglomerates. These two are distinguished in their structure. Corporations tend to focus on a particular sector of the economy. Their products and services are limited to a particular economy. On the other hand, conglomerates are corporations that own controlling interests in companies belonging to different economic sectors.
Consider the ethics of media conglomerates in the U.S. What are the ethical advantages and disadvantages of allowing large conglomerates to control mass media? What are alternative ways the media might be organized that would be more ethical or moral?
The U.S. has had media conglomerates for a while now. A good example is the Walt Disney Company that owns several other companies, including Marvel Entertainment, Disney +, Hulu, etc.
Having such media conglomerates has its advantages and disadvantage...