The Code of Federal Regulation (CFR)Title 39 Section 320.6 allows delivery of certain types of mail,generally called "extremely urgent" mail,by someone other than the U.S.Postal Service.Today,FedEx and UPS hold more than 75 percent of market share in the delivery of items permitted under the law.This is an example of ________.

Question

Quizplus · Accepted Answer

A (near) duopoly refers to a market structure where there are only two dominant players. In this case, FedEx and UPS hold more than 75 percent of the market share, indicating a high level of concentration in the market, making it a (near) duopoly. The other options do not accurately describe this market structure.