3 ms·
There are very few competitive industries. Most have consolidated in to 2-5 big companies that own most of the market. Often competitors are barred from entry d
by rdtwo 4y ago
There are very few competitive industries. Most have consolidated in to 2-5 big companies that own most of the market. Often competitors are barred from entry due to regulations or other government force
- astrange 4y ago3-5 companies is enough to be competitive. If there were lots of small ones it truly would be impossible to regulate; that’s why there when there’s a public utility, there’s only one of it.