Monopoly Power

In class we have recently been talking about monopolies. In reading this article about the recent writer’s strike and how now the major TV stations are starting to negotiate with the writer’s unions it seems as though the writer’s have somewhat of a monopolistic control over the TV stations. The TV stations seem to be at some point willing to meet the writer’s demands. I guess it is kind of how Dr. Tufte was saying that movie stars or famous sports players have a monopoly for their name. I think in this case the writers exemplify their monopoly through their special writing styles that no one else can duplicate. With having the monopoly power the TV stations are practically forced to follow their requests. I think over time this power will decrease (the long run effect). If the writers demand is too high then over time they will replace them with other writers that do not demand as much.