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oligopoly

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12y ago

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Is Tesco supermarket monopoly or oligopoly or monopolistic competition?

it is not the company which can be said as monopoly or oligopoly, these both terms refer to two different MARKET structures. therefore the retail industry of UK is said to have similar features as in oligopoly as there are some firms like Tesco, Sainsbury and ASDA which lead the market.


Is sainsbury's monopoly or oligopoly?

Oligopoly!


Why is tesco an oligopoly?

Tesco was a monopoly until recently. This is because they don't have 30% market share any more, therefore categorising them in a natural oligopoly with the other chains like ASDA, SAINSBURY etc...


Is comcast a monopoly or oligopoly market structure?

Oligopoly


What company operating under condition of monopoly and oligopoly?

There may be a case for government, the welfare consequences of monopoly, duopoly or oligopoly.


Are there homogeneous products in an oligopoly?

Homogeneous products are in a monopoly, oligopoly, monopolistic, monopoly and pure competition according to economics. for the purpose of analysis.


What is The opposite market structure of a monopoly is?

Oligopoly


What are possible market structures for an economic system?

oligopoly, monopoly, and pure competitonMonopoly, Pure competition, Oligopoly


Is Facebook a monopoly an oligopoly or a monopolistic competition?

Oligopoly. Few or top producers, around 60% of the market.


What is meant by market structure?

An oligopoly is an intermediate market structure between the extremes of perfect competition and monopoly. Oligopoly firms might compete (noncooperative oligopoly) or cooperate (cooperative oligopoly) in the Marketplace.


Were patents and copyrights established by the government to reduce oligopoly and monopoly power?

No patents and copyrights were established by government to increase oligopoly and monopoly power.


What are the shortcomings of concentration ratios as measures of monopoly or oligopoly power?

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