Examlex
All of the following are cited as factors in explaining U.S. competitiveness EXCEPT
Oligopolists
Firms that dominate an industry, characterized by a small number of entities controlling a large market share.
Price War
A competitive situation where rival companies repeatedly cut prices to undercut each other, often to gain market share.
Oligopoly
A market setup where a few companies dominate by holding a significant market share.
Monopoly Level
A state or degree in which a single company or entity has exclusive control over a particular market or industry.
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