Telecommunications mergers and acquisitions in the billions of dollars have built a ____________ in the United States, a group of independent businesses that collaborate to regulate the production, pricing, and marketing of goods.

Question

Quizplus · Accepted Answer

The sentence describes a group of independent businesses that collaborate to regulate the production, pricing, and marketing of goods in the telecommunications industry. This is best described as a "communications cartel," which implies a collusive organization or group that controls the market for their own benefit. The other answer choices do not accurately reflect the meaning of the sentence.

Telecommunications Mergers and Acquisitions in the Billions of Dollars Have