Concern that Microsoft's 86 percent share of the PC operating system market was a __________ that limited consumers' Internet access to its Internet Explorer browser instead of offering them a choice of browser led to lawsuits and consent decrees from the U.S. Justice Department and investigations and fines from the European Union.
A)pure competition
B)an oligopoly
C)monopolistic competition
D)a pure monopoly
E)a megopoly

Question

Quizplus · Accepted Answer

A pure monopoly is a single seller of a product with no close substitutes in the market. Microsoft's 86 percent market share in the PC operating system market made it a pure monopoly and led to concerns about its control over consumer access to Internet Explorer. This ultimately resulted in legal action and investigations from regulatory agencies.

Concern That Microsoft's 86 Percent Share of the PC Operating