AT&T, MCI, Verizon, and Sprint Control Approximately 80 Percent of the $16

question 109

Multiple Choice

AT&T, MCI, Verizon, and Sprint control approximately 80 percent of the $16 billion international long-distance telephone service market.These companies operate in a(n)

• A)monopoly.
• B)cross-market.
• C)pure competition.
• D)monopolistic competitive position.
• E)oligopoly.

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