Non-Competitive Market

The non-competitive market represents an economic environment where single or few sellers dominate the market without significant competition. In such markets, companies hold substantial market power, allowing them to influence prices and supply levels. This category explores various topics related to the characteristics, implications, and behaviors within non-competitive markets, including monopolies, oligopolies, market regulation, and consumer impact. By understanding these dynamics, readers can gain insights into how these markets operate and how they affect economic equilibrium, consumer choices, and business strategies.