When a few companies control most of the media, the situation is known as ______.
A) capitalism
B) the invisible hand of the market
C) corporate concentration
D) conglomeration

Question

Quizplus · Accepted Answer

Corporate concentration occurs when a few companies control a large share of a particular industry or market. In the case of media, this means that a small number of companies control a majority of the outlets through which news and information is disseminated. This can lead to a lack of diversity in perspectives and a concentration of power in the hands of a few individuals or organizations.

When a Few Companies Control Most of the Media, the Situation