Movistar Team (men's team) 2016 UCI World Tour. Movistar Team (men's team) Movistar Team () is a professional road bicycle racing team which participates at UCI WorldTeam level and has achieved thirteen general classification (GC) victories in Grand Tours. The title sponsor is the Spanish mobile telephone company Telefónica, with the team riding under the name of the company's brand "Movistar". The team was formed as "Reynolds", led by Ángel Arroyo and later by Pedro Delgado, who won a Tour de France and a Vuelta a España, and was subsequently sponsored by "Banesto", under which name the team included 5-time Tour de France winner
Legal monopoly Legal monopoly A legal monopoly, statutory monopoly, or "de jure" monopoly is a monopoly that is protected by law from competition. A statutory monopoly may take the form of a government monopoly where the state owns the particular means of production or government-granted monopoly where a private interest is protected from competition such as being granted exclusive rights to offer a particular service in a specific region (e.g. patented inventions) while agreeing to have their policies and prices regulated. This type of monopoly is usually contrasted with ""de facto" monopoly" which is a broad category for monopolies that are not