I feel the word monopoly gets way overused. "There is only one company with a train from Town A to Town B! It's a monopoly!" Probably not, as if there are other viable ways to travel (car, bus, plane, boat), then there are substitutes.
The olympics are no different. As a form of entertainment, there are countless substitutes. If the Olympics are boring, people won't watch. Even as a form of international cooperation, there are many substitutes that compete with the Olympics for the time, money, and attention of nations.
The olympics are no different. As a form of entertainment, there are countless substitutes. If the Olympics are boring, people won't watch. Even as a form of international cooperation, there are many substitutes that compete with the Olympics for the time, money, and attention of nations.
There is a market.