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When market concentration is high, it indicates that a few firms dominate the market and oligopoly or monopolistic competition is likely to exist. In most cases, high market concentration produces undesirable consequences such as reduced competition and higher prices. [2]
This is termed "monopolistic competition", whereas in an oligopoly, the companies interact strategically. In general, the main results from this theory compare the price-fixing methods across market structures, analyze the effect of a certain structure on welfare, and vary technological or demand assumptions in order to assess the consequences ...
Wal-Mart Discount City (1962–1969) Wal-Mart, Inc. (1969–1970) ... The German market at this point was an oligopoly with high competition among companies which ...
MEXICO CITY (AP) — Shares in Walmart’s Mexico subsidiary dropped about 3.3% Monday after Walmart de Mexico announced it is under investigation for alleged monopolistic practices.
One form of collusive oligopoly is a cartel, [18] [better source needed] a monopolistic organisation and relationship formed by manufacturers who produce or sell a certain kind of goods in order to monopolise the market and obtain high profits by reaching an agreement on commodity price, output and market share allocation. However, the ...
The agency that issued the fine, known as the Federal Competition Commission, expressed concerns about a “relative monopolistic practice.” Walmart's Mexico subsidiary plans to appeal a $4.6 ...
The emergence of oligopoly market forms is mainly attributed to the monopoly of market competition, i.e., the market monopoly acquired by enterprises through their competitive advantages, and the administrative monopoly due to government regulations, such as when the government grants monopoly power to an enterprise in the industry through laws ...
Walmart de Mexico said in a statement that it had talked with suppliers to see if there were any concerns. The agency that issued the fine, known as the Federal Competition Commission, expressed concerns about a “relative monopolistic practice.”