Instead, the current oligopolists
are taking control of Over The Top.
OECD 1998, supra note 3, at 30; Julius Cavendish, Among the Oligopolists
occupy the broad middle of the stack and are companies by definition.
When, however, the position of the oligopolists
or duopolists is more powerful and not easily invaded they will not keep to the full-cost principle, but will add varying and 'abnormal' profit percentages to their costs in proportion to their assumed strength, or they will fix prices without reference to costs altogether.
Although larger markets do have more firms, the expansion is limited to a fringe of small stores, while the number and realized share of the oligopolists
inevitable result of ordinary profit maximization by oligopolists
In this oft-repeated scholarly narrative, many non-cellular spectrum holders are portrayed as entrenched oligopolists
Many of the Bureau of Consumer Protection's actions were taken against dominant firms and oligopolists
If all oligopolists
in a particular market follow the lead of one firm in raising prices, the result is the same as if they had all agreed to raise prices simultaneously (Schiller, 2008).
If we think of an industry-wide demand curve for the product in question, a cartel elevates price and reduces quantity relative to what would be accomplished if the sellers simply act as oligopolists
in a repeated game without explicit collusion.
Firms in cohort t, t [member of] [[1,T]], behave as Cournotian oligopolists
on the residual demand left by firms of cohorts [tau](1 < [tau] < t): it is as if they would not take into consideration firms playing after.
Thus for fear of being misunderstood by one another the oligopolists
may be forced into inaction and the new entrant may successfully encroach their relative shares.
Sooner or later, the oligopolists
will be irresistibly tempted to defect.
Or rather, in the second stage of the game both oligopolists
are interested to get further and to position themselves into the two opposite edges of the market, because of the profit function decreases in a and b respectively.
Where and how these oligopolists
obtain their appraisal services will determine pricing for the entire national appraisal market.