I agree with your points, but how is the NFL a monopoly if I DON’T NEED OR AM REQUIRED TO WATCH IT?
Just asking.
BTW, I left a message with Anhauser Busch, telling them I’d love to see them drop the NFL.
It’s a monopoly because it controls the supply of the product. That’s all that’s required to make it a monopoly. Unlike the utilities, people have the option of doing without their product, but they’re still a monopoly.
Because of their dominance, it makes it hard for any other supplier of professional football to compete with them. It may even be what economist refer to as a natural monopoly which means that even if competition is forced upon it, market forces in the industry tend to favor one supplier over many, and they will gradually revert back to a single supplier.