market structures

1. Barriers to Entry 2. Few Firms with Large Market Share 3. Each Firm Has Minor Own Market Power 4. Higher Prices Than Perfect Competition 5. Inter Dependency Between Firms 6..

1. Internet Browser Market Share in America & Canada 2. Smartphone Operating System Market in America 3. Music Industry 4. Banking Industry in Canada 5. Social Media Market Share in the United States & Canada 6…

An oligopoly market is a type of market structure where few firms have the entire market control. These few firms have the capability to decide the entire prices and supply of the market on a collaborative basis. But they don’t have the capacity to influence the market on their own.