Is Google a monopolistic competition or oligopoly?
When it comes to market structure, is Google’s market (search engines) an oligopoly or a monopolistic competition? I can’t figure out which one it is!
Tagged with: google • market search • market structure • monopolistic competition • oligopoly • s market • search engines
Filed under: Search Engine Marketing
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In open global market scenario, most of multi-national corporations are now oligopolistic, as global village concept nearly ended monopolistic market conditions.
They’re not a monopoly. There are plenty of other search engines.
Oligopoly? Hmm. Maybe. If you have to pick one or the other, that’s the one I’d pick.