Companies like Amazon and Facebook and Google are so dominant that they really have very little competition. Even when new companies like Zappos and Diapers.com threatened it, Amazon bought up both companies. Facebook did that with WhatsApp and Instagram. Is that healthy competition or monopoly/oligopoly power? Discuss.
Companies like Amazon and Facebook and Google are so dominant that they really have very little competition. Even when new companies like Zappos and Diapers.com threatened it, Amazon bought up both companies. Facebook did that with WhatsApp and Instagram. Is that healthy competition or monopoly/oligopoly power? Discuss.
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter10: Monopolistic Competition And Oligoply
Section: Chapter Questions
Problem 1SQ
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Companies like Amazon and Facebook and Google are so dominant that they really have very little competition. Even when new companies like Zappos and Diapers.com threatened it, Amazon bought up both companies. Facebook did that with WhatsApp and Instagram. Is that healthy competition or
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