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10 cards from this deck
Single firm controls entire market, high entry barriers
Small number of firms dominate, significant entry barriers
Many sellers, differentiated products, some market power
Barriers from non-economic factors like patents
Laws prevent competition for public interest reasons
Economics favour single firm (high infrastructure costs)
Agreement among firms to fix prices or limit production
Arrangements between firms to limit competition
Dominant firm sets prices that others follow
Prices fail to reflect product scarcity or true conditions
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