There may be a case for government, the welfare consequences of monopoly, duopoly or oligopoly.
A. Pure competition Computer operating systems B.Near monopoly Fast food restaurants C. Monopolistic competition Online auctioning D. Oligopoly Car makers
AR=MRnormal profits in the long runlarge number of sellersfree entry and excit ,as there are no barriersthe seller is only the price takerperfectly elasticeach firm is a part of the industry
wal mart is considered to be an oligopoly. It can't be considered a monopoly because it isn't the sole company in its market.It has competition such as target. The only way Wal-Mart is a monopoly is in their low prices in which no one can beat.
The container shipping industry is an example of an oligopoly market. While there are not many companies that provide container shipping services, there are more than one. The industry would only be a monopoly market if only one company provided the services.
Oligopolies involve more than one company while monopolies involve only one. apex :]p
A. Pure competition Computer operating systems B.Near monopoly Fast food restaurants C. Monopolistic competition Online auctioning D. Oligopoly Car makers
AR=MRnormal profits in the long runlarge number of sellersfree entry and excit ,as there are no barriersthe seller is only the price takerperfectly elasticeach firm is a part of the industry
oligopoly
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.
wal mart is considered to be an oligopoly. It can't be considered a monopoly because it isn't the sole company in its market.It has competition such as target. The only way Wal-Mart is a monopoly is in their low prices in which no one can beat.
The container shipping industry is an example of an oligopoly market. While there are not many companies that provide container shipping services, there are more than one. The industry would only be a monopoly market if only one company provided the services.
Oligopolies involve more than one company while monopolies involve only one. apex :]p
Tenaga Nasional Berhad is an example of monopoly. It is the largest Electric utility company in Malaysia and also the largest power company in Southeast Asia. Only one supplier.. Oligopoly is a few firms that sell the similiar product. For example, communication services have celcom, maxis, and digi. they give a similiar service to us and they are compete among of them in prices, services, promotions, etc..
http://www.answers.com/library/Investment%20Dictionary-cid-57121 Oligopoly A situation in which a particular market is controlled by a small group of firms.An oligopoly is much like a monopoly, in which only one company exerts control over most of a market. In an oligopoly, there are at least two firms controlling the market.Investopedia Says:The retail gas market is a good example of an oligopoly because a small number of firms control a large majority of the market.
nokia
Its sounds like either your asking about a "category killer" or a "monopoly" Most likely you are describing an "oligopoly".
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.