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Is uber a monopoly?

Discussion in 'News' started by Jermin8r89, Dec 28, 2016.

  1. Tr4vis Ka1anick

    Tr4vis Ka1anick Well-Known Member

    Location:
    SF Bay
    Driving:
    UberPREMIUM
    'Oligopoly'
    Oligopoly is a market structure in which a small number of firms has the large majority of market share. An oligopoly is similar to a monopoly, except that rather than one firm, two or more firms dominate the market. There is no precise upper limit to the number of firms in an oligopoly, but the number must be low enough that the actions of one firm significantly impact and influence the others.
     

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