as a tight oligopoly. A loose oligopoly occurs when the four-firm concentration is in the range of 40-60. Some characteristics of oligopolies include: Profit...
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Imperfect competition (section Oligopoly)
the paradox of excess capacity and price exceeding marginal cost. In an oligopoly market structure, the market is supplied by a small number of firms (more...
20 KB (2,478 words) - 13:02, 29 May 2024
Microeconomics (section Oligopoly)
producers. An oligopoly is a market structure in which a market or industry is dominated by a small number of firms (oligopolists). Oligopolies can create...
49 KB (5,888 words) - 22:50, 2 June 2024
Market power (section Oligopoly power)
"Oligopoly - characteristics | Economics Online | Economics Online". 2020-01-20. Retrieved 2021-04-18. Carr, Christopher (2020). Global Oligopoly : a...
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published "Demand Under Conditions of Oligopoly." Sweezy argued that an ordinary demand curve does not apply to oligopoly markets and promotes a kinked demand...
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Price point (section Oligopoly pricing)
from raising prices unilaterally); on the other hand, any firm in an oligopoly which lowers its prices will most likely be matched by competitors, resulting...
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can be homogeneous or differentiated). Three types of oligopoly. Due to the hallmark of oligopoly being the presence of strategic interactions among rival...
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form of oligopoly), in which several providers act together to coordinate services, prices or sale of goods. Monopolies, monopsonies and oligopolies are all...
95 KB (12,760 words) - 16:22, 19 July 2024
Competition (economics) (section Oligopoly)
2020-11-29. Staff, Investopedia. "Oligopoly". Investopedia. Retrieved 2020-10-28. Krylovskiy, Nikolay (20 January 2020). "Oligopoly". Economics Online. Retrieved...
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they generally need to be a monopoly or a dominant firm in a duopoly or oligopoly who has significant influence over the market. Anti-competitive behaviour...
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concentration 40% – 70% An industry in this range is likely an oligopoly. An oligopoly describes a market structure which is dominated by a small number...
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term originally coined by Alfred Eichner in his book The Megacorp and Oligopoly: Micro Foundations of Macro Dynamics but popularized by William Gibson...
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failure Merchantilism Meritocracy Multinational corporation Nationalization Oligopoly Perspectives on capitalism by school of thought Privatization Profit Property...
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the field of economics he is best known for his work in the field of oligopoly theory, Cournot competition, which is named after him. Cournot worked...
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very probable that a company (monopoly) or minimal number of companies (oligopoly) will form, providing all or most relevant products and/or services. This...
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(i.e. explicit collusion) is absent. Examples are Cournot oligopoly, and Bertrand oligopoly for differentiated products. Bain's (1956) original concern...
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would be if there was no competition (monopoly) or little competition (oligopoly).[citation needed] However, competition may also lead to wasted (duplicated)...
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companies in an oligopoly model compete in prices, the motive for inter-temporal price discrimination would appear in the oligopoly market. Price discrimination...
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Competition law Basic concepts History of competition law Monopoly and oligopoly Coercive monopoly Natural monopoly Barriers to entry Herfindahl–Hirschman...
34 KB (4,043 words) - 03:18, 2 June 2024
Competition law Basic concepts History of competition law Monopoly and oligopoly Coercive monopoly Natural monopoly Barriers to entry Herfindahl–Hirschman...
42 KB (5,073 words) - 21:07, 9 July 2024
failure Merchantilism Meritocracy Multinational corporation Nationalization Oligopoly Perspectives on capitalism by school of thought Privatization Profit Property...
112 KB (13,056 words) - 08:57, 17 July 2024
An oligopoly is a case where barriers are present, but more than one firm is able to maintain the majority of the market share. In an oligopoly, firms...
23 KB (2,648 words) - 08:24, 1 June 2024
of a good), duopoly (in which there are only two sellers of a good), oligopoly (in which there are few sellers of a good), monopolistic competition (in...
175 KB (17,816 words) - 22:12, 5 July 2024
Competition law Basic concepts History of competition law Monopoly and oligopoly Coercive monopoly Natural monopoly Barriers to entry Herfindahl–Hirschman...
2 KB (237 words) - 19:19, 25 October 2022
Well for you. The RBS Group is being investigated by the practice of oligopoly / monopoly. In 2008, the Federal Prosecutor of Santa Catarina has filed...
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system of oil production in favor of oil-producing states and away from an oligopoly of dominant Anglo-American oil firms (the "Seven Sisters"). In the 1970s...
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underlying principles of antitrust laws (breaking up monopolies and oligopolies and promoting more competition), but that he came to the conclusion that...
91 KB (12,438 words) - 16:24, 17 June 2024
failure Merchantilism Meritocracy Multinational corporation Nationalization Oligopoly Perspectives on capitalism by school of thought Privatization Profit Property...
58 KB (6,785 words) - 05:15, 14 July 2024
Duopoly (category Oligopoly)
(from Greek δύο, duo "two" and πωλεῖν, polein "to sell") is a type of oligopoly where two firms have dominant or exclusive control over a market, and...
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Mark-Up Under Oligopoly: A Reply', Economic Journal 84, 974–980. Eichner, A. S. (1973), 'Theory of the Determination of the Mark-Up Under Oligopoly', Economic...
9 KB (1,104 words) - 20:43, 21 May 2024