> An interesting fact about Oligopolies is that they often degrade into very low margin businesses If the oligopoly fails, then the result will be low-margin b

> An interesting fact about Oligopolies is that they often degrade into very low margin businesses If the oligopoly fails, then the result will be low-margin businesses for everyone due to market forces. If an oligopoly is successful then tautologically the participants won't have low margins because they will be able to suppress what JP Morgan called "ruinous competition" between them.