-Company depends on each other -th eproducts are simillar
Oligopolies
Oligopolies
DO NOTHING view anti trust view
DO NOTHING view anti trust view
Oligopolies are characterized by a small number of firms that dominate the market, leading to limited competition. These firms produce similar or identical products, which can lead to price interdependence; the actions of one firm directly influence the others. Barriers to entry are typically high, making it difficult for new competitors to enter the market. Additionally, firms in an oligopoly may engage in collusion, either explicitly or implicitly, to set prices or output levels.
Price Fixing, Collusion, And Cartels
Price Fixing, Collusion, And Cartels
If you have a monopoly, why would you want an oligopoly? You make more profit alone.
Auto Industry, Airline Industry, Soft Drink ( Pepsi, Coke, Cadbury-Shweppes )
Avner Shaked has written: 'Multiproduct firms and market structure' 'Natural oligopolies'
Steffen Hoernig has written: 'Existence and comparative statics in heterogeneous cournot oligopolies'
Auto Industry, Airline Industry, Soft Drink ( Pepsi, Coke, Cadbury-Shweppes )