Oligopoly Market Features:-
Oligopoly market structure is a small number of Firms, While there is no clarity to Firms.
Oligopoly market is High Barriers to Entry.
Oligopoly is Concentrated Market share and Pricing power.
Free Entry & Exit of Firms in the Market.
Oligopoly Market Examples:-
- Airlines Industry
- Wireless
- Automobiles Sector
- Pharmaceutical
- Soft Drinks
- Mass Media
- Electric Vehicles
- TeleCommunications
- Coffee Shops
- Oil