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Oligopoly
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</blockquote><p>(Taken XXXXXXXX XXXX <a href="https://www.investopedia.XXX/terms/o/oligopoly.XXX">XXXXX://XXX.investopedia.XXX/terms/o/XXXXXXXXX.asp</a>)</p><p>Thus, XXXXX are XXXXX important XXXXXXXXXXXXXXX of an oligopoly: [X] the industry should XX dominated by a XXXXX XXXXXX of XXXXX, [2] firms sell XXXXXX identical products, XXX [3] there are high barriers to entry.</p><p>One oligopolistic industry XX XXX XXXXXXXX XXXXX XXXXXXXX industry. We have XXXX XXXX providers: Verizon, Sprint, At&X, XXX XXXXXXX. There may be XXXXX, smaller XXXXXXXXX, XXX XXXXX XXXX definitely have the market cornered. XXX XX government regulations, it is XXXX XXXXXXXXX XXX a XXXX XX enter this XXXXXX. As one XXXX XXXXX a XXXX (XXXXXXXX price, offering a new service XXXXXXX), the XXXXX XXXXX XXXX XXXX in order to XXXXXXXX profitability.</p><p>Taking a XXXX at XXXXXXXXXXX, it XXXXXXX XXXXX that one of XXX XXXXX in XXX XXXXXXXXX is offering XXXX XXX XXXXXXX or a XXXXXXXXX, cheaper bundle. XX you XXXXXX, XXXX XXX XXXXX company XXXXXX a new XXXX, XXX others also seem XX XXXXXX XXXX. <XX></p>">
