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Market structure of the media industry: Oligopoly
Oligopolistic
The diamond industry is an oligopoly, or an industry dominated by a small number of large businesses.
Steel industry
this would be considered to be a low Oligopoly market
Market structure of the media industry: Oligopoly
Oligopoly :)
Oligopolistic
The diamond industry is an oligopoly, or an industry dominated by a small number of large businesses.
Steel industry
this would be considered to be a low Oligopoly market
No, because of two reasons. An oligopoly is a market form in which a market or industry is dominated by a small number of sellers (oligopolists). BP is not a market form, but a global oil company. And BP is certainly not small.
Oligopoly.
Oligopoly
Disney is not an oligopoly. An oligopoly is a small number of firms who work together to sell a homogeneous or differentiated product. It is instead an industry that has many outputs of different products.
That would be an oligopoly.
oligopoly