4 ms·
It's called Oligopoly, which is much better than Monopoly, but still far from a competitive market.
by cygwin98 14y ago
It's called Oligopoly, which is much better than Monopoly, but still far from a competitive market.
- Shivetya 14y agoHow is the market not competitive? UPS, FedEx, and USPS, are the three big carriers that come to mind. The logistics for nationwide delivery pretty much insure your not going to have a large number companies. You might get some that specialize in particular types of delivery, but generic deliveries is self limiting.
- DanBC 14y agoA hypothetical example is if each carrier makes their pricing hard to compare with the others. Combining weight, maximum size, distance, overseas or not, time, reliability and customer service gives carriers plenty of room to confuse customers.
- chimeracoder 14y ago> UPS, FedEx, and USPS, are the three big carriers that come to mind. Ironically, the two private carriers depend on the sole public carrier (USPS) for deliveries to rural/remote locations (which USPS is required to serve), so this market isn't quite as "competitive" as it looks.