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An overview of oligopoly market structures, focusing on firm behavior and strategic interactions. It covers collusion, game theory, and non-price competition, offering insights into oligopoly functions and market outcomes. Real-world examples illustrate oligopolistic competition. The role of government regulation in promoting competition is examined, along with the impact of technological innovation and globalization. Various models used to study oligopolistic behavior are analyzed, including cournot, bertrand, and stackelberg models. The role of advertising and branding is also explored, along with ethical considerations.
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