Oligopoly market: China Telecom, China Unicom, China Mobile and Radio and Television are typical groups.
Monopolize the competitive market: Typical competitors are Microsoft, Google and Apple.
Perfect competitive market: Small and medium-sized enterprises involve all aspects and are relatively extensive.
Complete monopoly can be divided into two types:
1, the government is completely monopolized. Usually in most public utilities, such as state-owned railways, posts and telecommunications and other departments.
2. Private monopoly. For example, according to the franchise granted by the government, or according to the exclusive operation of patent production and the exclusive private monopoly established due to abundant capital and advanced technology.
1, the characteristics of oligopoly market:
The market structure of oligopoly is similar to monopoly competition, which includes both monopoly factors and competition factors. But relatively speaking, it is closer to the monopoly market structure, because a few enterprises occupy a large share of the market, which makes these enterprises have quite strong monopoly power. The products of oligopolistic enterprises can be homogeneous or different.
2, the characteristics of a complete monopoly market:
The long-term equilibrium of a completely monopolized industry is characterized by excess profits, which is different from zero excess profits or losses in a completely competitive industry. The long-term equilibrium condition of a complete monopoly manufacturer is: MR=LMC=SMC, which is no MR=LAC=SAC compared with the long-term equilibrium condition of a complete competitor.
3, the characteristics of monopoly competition market:
Monopoly competition is a common feature of the old economy, which is more obvious in the new economy (also known as knowledge economy) era. Monopoly competition is one of the typical market forms in economics. Enterprises engaged in monopolistic competition have zero or very low profits in the short term, but in the long run they are profiteering.