Oligopoly is actually a market structure where there are other than a couple competition, however, just about some

Oligopoly is actually a market structure where there are other than a couple competition, however, just about some

4. Oligopoly

There’s no exact top restriction about what number of companies in an enthusiastic oligopoly, nevertheless count should be reasonable sufficient that the methods out-of that firm notably effect regarding others.

Basically, governments place guidelines you to definitely ban oligopolies from engaging in price fixing or collusion. [Read more…]