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Yes, the automotive industry is considered an oligopoly because it is dominated by a small number of large firms that have significant control over the market.

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6mo ago

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Is the automobile industry considered an oligopoly?

Yes, the automobile industry is considered an oligopoly because a small number of large companies dominate the market and have significant control over pricing and competition.


Is the car industry considered an oligopoly?

Yes, the car industry is considered an oligopoly because a small number of large companies dominate the market and have significant control over pricing and competition.


Is the auto industry an oligopoly?

Yes, the auto industry is considered an oligopoly because a small number of large companies dominate the market and have significant control over pricing and competition.


Is airline industry a oligopoly or monopolistic?

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What is market structure in the media industry?

Oligopoly :)


Which is the market structure of the media industry?

Market structure of the media industry: Oligopoly


Why is the automobile industry considered an oligopoly?

The automobile industry is considered an oligopoly because it is dominated by a small number of large companies that have significant control over the market. These companies have the power to influence prices and competition, making it difficult for new entrants to enter the market.


Is the diamond industry an oligopoly or monopolistic cometition?

The diamond industry is an oligopoly, or an industry dominated by a small number of large businesses.


Which industry was an oligopoly in the US?

Steel industry


What type of industry with 20 firms has a concentration ratio of 30?

this would be considered to be a low Oligopoly market


Who worked in the automotive industry?

WHO worked in the automotive industry?


What is market structure of the media industry?

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