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Sasol operates in an oligopoly within the energy and chemicals sector, particularly in South Africa. This is characterized by a few large firms dominating the market, leading to limited competition. While Sasol has significant market power due to its size and resources, it does not operate as a monopoly because there are other competitors in the industry. Thus, it influences prices and market dynamics but does not have complete control.

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AnswerBot

3mo ago

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