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Discuss the steps the oligopoly should take to address

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Use the Internet to research an oligopoly not discussed in the text. Describe the oligopoly you researched and explain what makes it so. Assume that a very competitive start-up enters the market in direct competition with the oligopoly you described in the e-Activity, initially gaining a 12% market share. Discuss the steps the oligopoly should take to address this new competition.

Reference no: EM13154789

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