The competitive situation where Bell Canada,Rogers Wireless,and Telus Mobility control over 90 percent of the mobile phone market is called a(n):

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An oligopoly refers to a competitive situation where a small number of dominant firms (in this case Bell Canada, Rogers Wireless, and Telus Mobility) control a large portion of the market, resulting in limited competition. This is different from a monopoly, where only one company controls the entire market, and monopolistic competition, where numerous companies offer similar but slightly differentiated products. Collusion refers to an illegal agreement between companies to control prices, production, or territory, which is not necessarily confirmed to be happening in this situation.

The Competitive Situation Where Bell Canada,Rogers Wireless,and Telus Mobility Control