3.4
Justify how DStv has been regarded as an example of a monopoly with the
following characteristics of monopolies:
3.4.1 Nature of Product
3.4.2 Access/entry to the market

Respuesta :

DStv has been regarded as an example of a monopoly as the U.S. markets that operate as monopolies or near-monopolies in the U.S. include providers of water, natural gas, telecommunications, and electricity.

What is Monopoly?

A monopoly is a dominant position of an industry or a sector by one company, to the point of excluding all other viable competitors.

A market structure characterized by a single seller, selling a unique product in the market. In a monopoly market, the seller faces no competition, as he is the sole seller of goods with no close substitute.

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