In June 2013, Apple controlled 75% of the digital music market; the digital music market can therefore be characterized as a monopoly.

Question

Quizplus · Accepted Answer

Although Apple had a significant share of the digital music market in June 2013, controlling 75% does not constitute a monopoly. A monopoly typically involves a single company having nearly or entirely exclusive control over a market, leaving no room for significant competition.

In June 2013, Apple Controlled 75% of the Digital Music