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An oligopoly (from Ancient Greek ὀλίγος (olígos) 'few', and πωλέω (pōléō) 'to sell') is a market in which control over an industry lies in the hands of a few large sellers who own a dominant share of the market. Oligopolistic markets have homogenous products, few market participants, and inelastic demand for the products in ...
Mar 24, 2024 · In the bustling markets of Thailand, a handful of corporations have established themselves as economic giants, wielding significant influence over the country’s commerce and industry. Thailand’s economy is heavily influenced by a small number of dominant players across different industries, leading to an environment of oligopoly and monopoly.
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Oligopoli adalah keadaan pasar dengan suatu komoditas yang hanya dikuasai oleh beberapa perusahaan. [1] Persaingan antar perusahaan sangat ketat dan strategi pemasarannya dilandasi oleh daya cipta. [2] Produk yang dihasilkan sangat beragam dan jenisnya dapat berbeda pada masing-masing produsen. [3] Tiap perusahaan dalam pasar oligopoli ...
Apr 15, 2024 · Oligopoly is a market structure in which a small number of firms has the large majority of market share . An oligopoly is similar to a monopoly , except that rather than one firm, two or more ...
May 11, 2018 · Oligopoly, the economist’s analogue to oligarchy in political science, is defined as a market situation where independent sellers are few in number. The origin of the term is not clear, but it is known to have appeared in the original, 1518 Latin version of Thomas More’s Utopia. Common usage of the term in English writings, however, dates ...
Oct 12, 2020 · BANGKOK – Thailand’s Office of Trade Competition Commission (OTCC) soon needs to make the toughest decision of its 21-year uneventful existence, a ruling that could mark a watershed for the kingdom’s top conglomerates and future overall competitiveness. Specifically, the OTCC will decide on whether the March 6 agreement by the Charoen ...
An oligopoly is a market in which control over an industry lies in the hands of a few large sellers who own a dominant share of the market. Oligopolistic markets have homogenous products, few market participants, and inelastic demand for the products in those industries. As a result of their significant market power, firms in oligopolistic markets can influence prices through manipulating the ...
