Movistar Team (men's team) 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 Miguel Indurain and Alex
Legal monopoly sometimes call the system a legal monopoly anyway. The creation of Sirius XM Radio by merger left the United States with only one licensed satellite radio broadcasting company. However, the United States Department of Justice decided that this was not harmful to competition, due to the presence of terrestrial broadcasters. 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