Unpacking the Secrets of Oligopoly: How Market Enablement Paves the Way for Dominance.
In an oligopoly market structure, a small number of big corporations dominate the industry and frequently engage in collusion to limit competition. This results in reduced competition among the firms in the market, allowing them to wield significant monopoly power and generate higher revenue. Read Also; Intel Competitors: Who’s Giving the Tech Giant a Run … Read more