1. An Ugly Picture - The Digital Camera Oligopoly
This is illustrated by the diagram below: Moreover, consumer interests are further harmed through "bundling" practices - the forced sale of necessary complementary products (such as lenses flashes, mounts, and housings) which suppliers also usually produce themselves - that allow firms to further drive up profits. ... It is worth noting here that these investments would probably have been unfeasible in the small firms which would have existed under the perfect competition model. ...
- Word Count: 1435
- Approx Pages: 6
- Has Bibliography
- Grade Level: Graduate