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Which of the Following Statements Best Describes the Internet Market

Question 348

Multiple Choice

Which of the following statements best describes the Internet market structure?


A) It is highly competitive, with many providers and no firms in a dominant position.
B) There are a few large firms, such as Google, Facebook, and Amazon, but they each occupy their own niche and don't infringe on the others' territories.
C) There are a few large firms, such as Google, Facebook, and Amazon, each dominating a particular sector but always trying to gain market share in another sector.
D) It comprises firms that have been granted monopolies by the government and are highly regulated.

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