According to a Recent Federal Communications Commission Report,AT&T,Verizon,Sprint-Nextel,and T-Mobile Control

Multiple Choice

According to a recent Federal Communications Commission report,AT&T,Verizon,Sprint-Nextel,and T-Mobile control 93 percent of the subscribers in the U.S.wireless mobile phone market.Which form of competition characterizes this market?

A) pure competition
B) limited competition
C) a monopoly
D) an oligopoly
E) monopolistic competition