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In markets with just a few major players, competition looks very different. An oligopoly occurs when a small number of firms dominate an industry—think telecoms, airlines, or big tech. These companies hold outsized market share and influence prices, output, and strategy, even without explicit collusion. Because their actions are interdependent, one firm’s move can quickly trigger responses from the others. It’s less about open competition and more about strategic chess moves. 🔗 in bio. Finance Lessons, Chess Moves, Share Market, Finance, No Response, Education, Marketing, Canning

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