The competitive situation where Bell Canada, Rogers Wireless, and Telus Mobility control over 90 percent of the mobile phone market is called a(n):

The competitive situation where Bell Canada, Rogers Wireless, and Telus Mobility control over 90 percent of the mobile phone market is called a(n):



A.

monopoly.


B.

oligopoly.


C.

collusion.


D.

monopolistic competition.



Answer: B


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