Content cartel
Encyclopedia
The phrase content cartel has been used by their opponents to describe the Recording Industry Association of America
and the Motion Picture Association of America
. Their opponents depict them as a cartel
who wield and abuse monopoly
power over the market
for access to works of authorship.
Recording Industry Association of America
The Recording Industry Association of America is a trade organization that represents the recording industry distributors in the United States...
and the Motion Picture Association of America
Motion Picture Association of America
The Motion Picture Association of America, Inc. , originally the Motion Picture Producers and Distributors of America , was founded in 1922 and is designed to advance the business interests of its members...
. Their opponents depict them as a cartel
Cartel
A cartel is a formal agreement among competing firms. It is a formal organization of producers and manufacturers that agree to fix prices, marketing, and production. Cartels usually occur in an oligopolistic industry, where there is a small number of sellers and usually involve homogeneous products...
who wield and abuse monopoly
Monopoly
A monopoly exists when a specific person or enterprise is the only supplier of a particular commodity...
power over the market
Market
A market is one of many varieties of systems, institutions, procedures, social relations and infrastructures whereby parties engage in exchange. While parties may exchange goods and services by barter, most markets rely on sellers offering their goods or services in exchange for money from buyers...
for access to works of authorship.