ts Available Mar 12 at 12am - Mar 24 at 11:59pm 13 days Collusiorn Class, the ro

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ts Available Mar 12 at 12am - Mar 24 at 11:59pm 13 days Collusiorn Class, the route to oligopoly has been through mergers (examples: steel, in its early history, and, more recently, airlines, banking, and entertainment). The merging, or combining, of two or more competing firm may substantially increase their market share, and this in turn may allow the new firm to achieve g economies of scale. ct reater Oligopolies often set price through collusion. By controlling price through collusion, oligopolists may be able to reduce uncertainty, increase profts, and perhaps even prohibit the entry of new rivals. What impact has the internet had on collusive tendencies? Provide an example. Text Entry Copy and paste or type your submission right here. HTML Editor

Explanation / Answer

Google is also largest advertiser in the world. In order to cement its position, it brought Applied Semantics, Sprinks, dMarc Broadcasting etc. This ensured that there are only few rivals in the online advertising space and google had bigger market share.

Impact:

Google regularly acquires many online companies to ensure its dominance in internet space. Today because of these acquisitions google as turned out to be one of the strongest force in internet. Online advertising and search engine has turned out to be oligopoly market. online advertisers has to pay money fixed by google.

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