nokia
There may be a case for government, the welfare consequences of monopoly, duopoly or oligopoly.
oligopoly
An oligopoly is an industry or service, which is dominated by several major competitors.
oligopoly
Oligopoly!
it is not the company which can be said as monopoly or oligopoly, these both terms refer to two different MARKET structures. therefore the retail industry of UK is said to have similar features as in oligopoly as there are some firms like Tesco, Sainsbury and ASDA which lead the market.
No, because of two reasons. An oligopoly is a market form in which a market or industry is dominated by a small number of sellers (oligopolists). BP is not a market form, but a global oil company. And BP is certainly not small.
AR=MRnormal profits in the long runlarge number of sellersfree entry and excit ,as there are no barriersthe seller is only the price takerperfectly elasticeach firm is a part of the industry
Oligopolistic
Oligopoly
Google has no parent company. The owners of Google are their own boss.