Question

In the United States, which type of industry is often considered part of an oligopoly?

electric companies
cell phone carriers
mail delivery services
denim companies

Answer 1

In the United States, cell phone carriers are often considered part of an oligopoly. The market is dominated by a few large companies, such as Verizon, AT&T, T-Mobile, and Sprint, which have significant control over pricing and services in the industry.