They earned it They earned it
Facebook is a dominant player in the social media industry, but it is not considered a monopoly as there are other competitors in the market such as Twitter, Instagram, and Snapchat.
Their main Industry is coffee.
Monopoly
The insurance industry is one example of an industry with many competitors. Many companies are constantly vying for clients, and even sales personnel within the same company are at constant competition to hit quotas.
uniqlo
Oil production.
citrus
= How Nike have used their business environments to gain market share on their competitors and become a leader in their industry? =
Diamond
The auto industry oligopoly limits consumer choice by reducing the number of competitors, leading to less variety and potentially higher prices. Competition is also limited as the few dominant firms may collude rather than compete aggressively.
An oligopoly is an industry or service, which is dominated by several major competitors.
Trends, Customer Profile, Technology, Competitors