Oligopoly!
Tesco was a monopoly until recently. This is because they don't have 30% market share any more, therefore categorising them in a natural oligopoly with the other chains like ASDA, SAINSBURY etc...
Oligopoly
There may be a case for government, the welfare consequences of monopoly, duopoly or oligopoly.
Homogeneous products are in a monopoly, oligopoly, monopolistic, monopoly and pure competition according to economics. for the purpose of analysis.
it is not the company which can be said as monopoly or oligopoly, these both terms refer to two different MARKET structures. therefore the retail industry of UK is said to have similar features as in oligopoly as there are some firms like Tesco, Sainsbury and ASDA which lead the market.
Oligopoly!
Tesco was a monopoly until recently. This is because they don't have 30% market share any more, therefore categorising them in a natural oligopoly with the other chains like ASDA, SAINSBURY etc...
Oligopoly
There may be a case for government, the welfare consequences of monopoly, duopoly or oligopoly.
Homogeneous products are in a monopoly, oligopoly, monopolistic, monopoly and pure competition according to economics. for the purpose of analysis.
Oligopoly
oligopoly, monopoly, and pure competitonMonopoly, Pure competition, Oligopoly
Oligopoly. Few or top producers, around 60% of the market.
An oligopoly is an intermediate market structure between the extremes of perfect competition and monopoly. Oligopoly firms might compete (noncooperative oligopoly) or cooperate (cooperative oligopoly) in the Marketplace.
No patents and copyrights were established by government to increase oligopoly and monopoly power.
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