Some of the Features of Oligopoly are as follows. So let us check out some information on oligopoly to know more about it. Related article on Advantages and disadvantages of oligopoly.
- Lack of uniformity during oligopoly.
- Lack of certainty in oligopoly.
- Price rigidity
- Ability to set price.
- Only few sellers available.
- Interdependence
- Constant struggle
- Homogeneous or distinctive product
- During monopoly action of one firm affect the profit of other firms.
- Selling cost