Suppose you can get the typical cable channels (ESPN, MTV, Bravo, etc.)from a cable company, from DIRECTV, or from DISH Network. This market would be described by

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This market would be described as an oligopoly because there are only a few large companies that dominate the market (cable companies, DIRECTV, and DISH Network). These companies have significant control over pricing and market share, and it is difficult for new companies to enter the market.

Suppose You Can Get the Typical Cable Channels (ESPN, MTV