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Centralization of ownership has led to an industry controlled by a few large companies

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Q: What best explains why the media industry is caracterized by an oligopolistic market structure?
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What best explains why the media industry is characterized by an oligopolistic market structure?

Centralization of ownership has led to an industry controlled by a few large companies.Centralization of ownership has led to an industry controlled by a few large companies.Centralization of ownership.


The media industry is characterized by an oligopolistic market structure because?

centralization of ownership


What kind of market structure is the cinema industry?

probably oligopolistic; several large firms, a few small.


Which is the cause of the media industry's oligopolistic market structure?

The media industry's oligopolistic market structure is caused by high barriers to entry, such as the high cost of infrastructure and content creation. Additionally, economies of scale play a role as larger companies can spread their costs over a larger audience. Finally, consolidation and mergers contribute to the concentration of power among a few key players in the industry.


Which of the following best explain why the media industry is characterized by an oligopolistic market structure?

centralization of ownership has led to an industry controlled by a few large companies. apex :)


Is airline industry a oligopoly or monopolistic?

Oligopolistic


Why is the media industry characterized by an oligopolistic market?

Centralization of ownership has led to an industry controlled by a few large companies.Centralization of ownership has led to an industry controlled by a few large companies.Centralization of ownership.


Which is the market structure of the media industry?

Market structure of the media industry: Oligopoly


What is market structure in the media industry?

Oligopoly :)


Is the restaurant industry oligopoly?

The fast-food industry itself is an oligopolistic market, but it operates under the monopolistic competitive market of restaurants in general.


What is market structure of the media industry?

Oligopoly.


What is the market structure for banking industry?

not a lot.