Many communities have granted monopoly rights to cable companies.This is an example of a monopoly created through:
A) government licensing.
B) ownership of the cable resources.
C) patent protection.
D) smart business practices by shrewd entrepreneurs.

Question

Quizplus · Accepted Answer

The government can grant exclusive licensing rights to cable companies, allowing them to have a monopoly on cable services in a particular area. This is often done to promote competition among different cable companies and promote the development of cable infrastructure.

Many Communities Have Granted Monopoly Rights to Cable Companies