Monopoly meaning all the fighters worth a damn are under a single promoter.
Oligopoly is the current market where a handful of different promoters run the industry.
Bright side of a monopoly: Regardless of the outcome the promoter walks away with the winner. In theory the promoter doesn't 'protect' fighters and will make fights with the greatest demand from fans.
Downside of a monopoly: Promoter knows there's no other source for boxing besides his fights. In theory he can make the shittiest fights possible and still have viewers because many boxing fans are weak-willed fucks who can't boycott fights they dislike.
Bright side of an oligopoly: Competition forces producers to make better products in order to one-up each other and become the dominant force
Downside of an oligopoly: Promoters avoiding each other and refusing to cooperate for the sake of making fights happen
Oligopoly is the current market where a handful of different promoters run the industry.
Bright side of a monopoly: Regardless of the outcome the promoter walks away with the winner. In theory the promoter doesn't 'protect' fighters and will make fights with the greatest demand from fans.
Downside of a monopoly: Promoter knows there's no other source for boxing besides his fights. In theory he can make the shittiest fights possible and still have viewers because many boxing fans are weak-willed fucks who can't boycott fights they dislike.
Bright side of an oligopoly: Competition forces producers to make better products in order to one-up each other and become the dominant force
Downside of an oligopoly: Promoters avoiding each other and refusing to cooperate for the sake of making fights happen
