Market structures typically fall into four main categories: perfect competition, monopolistic competition, oligopoly, and monopoly. Each structure is characterized by different levels of ...
For those who don’t know, an oligopoly is a situation in which a small number of companies dominate the market, and to answer the question posed in the title, that’s exactly what we have in ...
More grocery competition is required within the Australian grocery sector in order to break the ‘oligopoly’ currently led by ...