Assertion: oligopoly's competition | /r/HasProperty | imperfect
Facets:
value: because of some similar condition
type: CAUSE
value: because of geographical fragmentation of the market
type: CAUSE
value: because of product differentiation
type: CAUSE
Source sentences:
text: A monopoly and an oligopoly are economic market structures that exist when there is imperfect competition in the market.
text: The monopolistic competition is also called as imperfect competition because this market structure lies between the pure monopoly and the pure competition.
text: Both monopolistic competition and oligopoly depict an imperfect competition.
text: Monopolistic competition, market situation in which there may be many independent buyers and many independent sellers but competition is imperfect because of product differentiation, geographical fragmentation of the market, or some similar condition.