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The BEREC report sets out a number of criteria which one might use to distinguish between 'good' and 'bad' tight oligopolies.
As food systems became increasingly dominated by ultra-processed products, fast food and soft drinks, food oligopolies made enormous profits and acquired the power to set prices and determine the terms and conditions of their market sectors.
Thus, facts concerning not only structure but also conduct and performance are used to decide public policy for a monopoly and the same criteria should be employed with duopolies and concentrated oligopolies.
This failure does not flow from a lack of relevance as mixed oligopolies in industries from steel and automobiles to airlines produce products with either substantial transport costs or extensive elements of horizontal differentiation.
1) For pioneering work on mixed oligopolies, see Merrill and Schneider (1966) and Harris and Wiens (1980).
I was heavily criticized by many businessmen, who, after all, were accustomed to operating within monopolies and oligopolies.
And in the latest frenzy of deals, oligopolies are starting to go global.
In this connection, it is not far-fetched to project that the continuing expansion of oligopolies and managed care with capitated payment could serve as a back door to further regulatory controls and global budgetary approaches (e.
It also reflects the genius with which he created the Frederick Douglass industry, which, like certain other nineteenth-century oligopolies, now chugs along on its own steam, having outlived the man who produced it.
When all that's settled, oligopolies divide the market up.
The postintegration market structure - oligopolies and oligopsonies - may lead to blocs and members of blocs focusing inward and among themselves, not on smaller economic units.
Clearly the current system of loosely regulated, for-profit, regional oligopolies is to the great benefit of these firms.