4 ms·

So the key question is what allows Australian companies to raise prices and improve profit margins in this situation? It could be monopoly or insufficient compe

by tianqi 4y ago

So the key question is what allows Australian companies to raise prices and improve profit margins in this situation? It could be monopoly or insufficient competition.

kaushikc 4y ago
Monopoly/Duopoly is a natural result of competitive advantage.
- tianqi 4y ago
  It's not necessary. It could also be due to government intervention, accidents (like pandemic randomly disrupting some supply chains), or even illegal behavior (like monopoly through mafia).