The last mobile monopoly in the Arab world ended when the British Vodafone started operating as a second mobile telecom provider in Qatar in 2009, ending a 20 -year -long monopoly by Qtel. What's the reason for the end of these monopolies?
A) The Arab World's mobile telecom market didn't seem profitable until 2009.
B) Arab governments set up independent agencies to regulate the telecommunications market and increase competition, effectively removing the barrier to entry.
C) The companies were - exploiting consumers, so the government wanted to - increase competition.
D) None of the above.

Question

Quizplus · Accepted Answer

CThe end of mobile monopolies in the Arab world, including the case of Qatar, was largely due to governments setting up independent regulatory agencies to oversee the telecommunications market, aiming to foster competition and prevent consumer exploitation by monopolistic companies.

The Last Mobile Monopoly in the Arab World Ended When