Learn the difference between a monopoly and an oligopoly, both being economic market structures where there is imperfect competition in the market.

Retail market structure refers to the number of companies that sell similar or identical products in the same geographical area. An oligopoly describes a small group of companies that collude to raise ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Somer G. Anderson is CPA, doctor of ...

As a small-business owner, you're probably an avid reader of financial and economic news. And like many of your colleagues, you probably scratch your head over some of the headlines you read about ...