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How might a professional sports team be considered a monopoly when there are other such teams in the nation?After giving this concept some thought, discuss

  1. How might a professional sports team be considered a monopoly when there are other such teams in the nation?After giving this concept some thought, discuss the sports industry as a monopoly in addition to another industry you view as a monopoly, explain and justify why you believe they are a monopoly.
  2. Discuss what public-utility regulatory agencies ultimate goals are.What are they attempting to accomplish through their actions?Are they justified in doing so? Is there such as thing as a good monopoly?

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