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.
Instructions
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,
- collusion,
- 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.