Yes true because back in 1776 the federalist wanted that system and he loyalists didn't
1. it created new jobs 2. It was an edvancement In tec. 3. They could hire young children and women for less and They made more money
In the United States, it would be the telephone industry that is often considered part of an oligopoly (among other things), since only a small handful of companies dominates the market.
"The Spanish-American War, while dominating the media, also fueled the United States' first media wars in the era of yellow journalism. ... This is a satire of the Pulitzer and Hearst newspapers' role in drumming up U.S. public opinion to go to war with Spain."
