The competitive situation where at&t, mci, and sprint control approximately 80 percent of the international long-distance te

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ehidna [41]

2 years ago

6

The competitive situation where at&t, mci, and sprint control approximately 80 percent of the international long-distance te

lephone market is called?

Business

1 answer:

Leno4ka [110] · Answer 1 · 2023-10-28T09:33:26+03:00

Oligopoly

What is Oligopoly?

In Oligopoly markets, a limited number of suppliers control the market. They are present in every nation and a wide variety of industries. While some oligopoly markets are much more competitive than others, others can at least appear to be so. Investigations into allegations of coordinated behaviour or a lack of fierce competition are frequently requested from competition authorities.

To learn more about Oligopoly

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