Today, four companies sell more than 80 percent of the compact discs purchased in the United States, although this fact is not obvious because the four companies have purchased many smaller record labels over the years. What is this called?

Question

Quizplus · Accepted Answer

This situation is referred to as "concentration of media power," which occurs when a few companies control a large share of the media market.

Today, Four Companies Sell More Than 80 Percent of the Compact