An Oligopoly marketplace consists of a very few number of sellers who hold the majority of the market share. For this discussion topic, you will be searching for information on oligopolies.
Find an article that describes a current oligopoly market.
- In a short paragraph, summarize what the article says about the oligopoly industry you have found.
- Be sure and cite your reference so others can read the full article.
- Do your very best not to duplicate an article someone else has already found.
- If it has already been discussed, select another article.
- Briefly discuss any of the following items that you find evident in this market:
- high concentration ratios,
- price fixing,
- price leadership,
- heavy non-price competition,
- interdependence among firms,
- barriers to entry,
- anti-trust problems
Rubric says: Post includes substantial and thoughtful content with appropriate terms and concepts learned in the course utilized. Post addresses fully the topic question.
References cited as needed.