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Q: Why are cartels in oligopoly fragile?
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Collusion and cartels are likely to arise under what market structures?

Oligopoly


Why collusive agreement in oligopoly always fragile?

because of trust...


What are the types of oligopoly?

Oligopoly is a market from where large numbers of buyers contact few sellers for the purpose of buying and selling things. The different types are a pure oligopoly, a differentiated oligopoly, a collusive oligopoly, and a non-collusive oligopoly.


Was oligopoly a result of the new market in the late 1800s?

Yes, oligopoly was a result of the new market in the 1800s. The new market allowed just a few companies to take control of a single product such as steel or oil.


Is asda a monopoly or oligopoly?

oligopoly


Is sainsbury's monopoly or oligopoly?

Oligopoly!


How many cartels are estimated in Mexico?

7 mayor cartels


Is comcast a monopoly or oligopoly market structure?

Oligopoly


Is airline industry a oligopoly or monopolistic?

Oligopolistic


Are cartels illegal in the US?

Yes, cartels are illegal in the US. They are considered anti-competitive and can violate antitrust laws by fixing prices, controlling markets, and limiting competition. The Department of Justice actively investigates and prosecutes cartel activity to protect consumers and maintain fair competition in the marketplace.


What is the price elasticity in a oligopoly?

in oligopoly what is the nature of price elasticity


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.