There are several types of imperfect competition, including monopolistic competition, oligopoly and monopoly. Here's how they compare: Imperfect competition can often lead to higher prices and ...
Investopedia contributors come from a range ... Learn about our editorial policies A monopoly and a monopsony signify conditions of imperfect competition, where a single entity influences a free ...
A critic known for exposing corporate fraud in Malaysia said Puspakom's three-decade monopoly is now at risk of being replaced by an oligopoly characterised by cronyism and "Alibaba" deals.