This is known as an oligopoly. They often work as a mechanism between companies to reduce competition and inflate prices for consumers.
no
Competition helps to keep the quality high and prices down. If competition decreases, the quality can go down and the prices can go up in that industry.
It's a tough industry because of it's competition and demand.
pure competition
Communism affects industrial production because it does not encourage competition.
A monopoly is an industry or business having no competition.
Baseload plants allow competition in the power industry.
This is known as an oligopoly. They often work as a mechanism between companies to reduce competition and inflate prices for consumers.
Competition for land, trade, and industry increased
Oligopolic!
no
im not sure
agricultural
Competition helps to keep the quality high and prices down. If competition decreases, the quality can go down and the prices can go up in that industry.
It's a tough industry because of it's competition and demand.
The textile industry is probably the closest example to pure competition on Earth.