No a monopoly is defined as a business that controls a whole entire market and can make the products price what ever they want. Even though they bought Hersey there are plenty of other company's like them that they compete with.
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.
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.
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.
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.
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.
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.
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.
oligopoly
Monopoly?...
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.
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.
Oligopoly!
oligopoly
this would be considered to be a low Oligopoly market
Oligopolistic
Oligopoly