Oligopoly



Eugene Madison

455 Larkspur Dr.

California Springs, CA 92926

Dear Eugene,

I am writing to you regarding your consideration regarding how Oligopoly works and that are the trends and patterns of economics involved in this particular market structure. Oligopoly implied a market structure, where there are a few players, offering either homogenous or heterogeneous products.

The idea behind this market structure is all players in the market are aware of one another's performance, strategies, tools and tactics. Therefore, all decisions that are being made are influenced, keeping in consideration of the other companies and the decisions that they have made in line with ...