It would be too costly to launch a competing business To establish Oligopoly in the market.
The entire number of buyers and sellers in the area or region under consideration is referred to as the market.
A market structure known as an oligopoly has a small number of enterprises, none of which can prevent the others from having a large impact.
The market share of the major companies is calculated using the concentration ratio.
Learn more about the oligopoly market:
https://brainly.com/question/15243178
#SPJ1
