Market structures typically fall into four main categories: perfect competition, monopolistic competition, oligopoly, and monopoly. Each structure is characterized by different levels of ...

Monopolistic competition is a market structure in which companies compete against each other by offering products or services that are only slightly different. As a result, no single product or ...

More grocery competition is required within the Australian grocery sector in order to break the ‘oligopoly’ currently led by Woolworths and Coles, but the barriers to entry may be too high.