A cooperative agreement among oligopolists is likely to be the more likely it is that the game among the oligopolists will be played over and over again.
While oligopoly companies in a sure market decide what quantity to offer and what fee to fee, they face a temptation to act as though they were a monopoly. With the resource of appearing collectively, oligopolistic companies can preserve enterprise output, charge a better charge, and divide up the income amongst themselves.
While corporations within the identical corporation work together to increase their mutual profits rather than competing doggedly with each distinctive, it's miles known as an oligopoly scenario. Oligopolies are placed in the course of the arena or even appear like growing into advantageous industries.
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