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Brief To Report (20059202 - Ardiva Budisetiawati)
Brief To Report (20059202 - Ardiva Budisetiawati)
Nim : 20059202
Department / Semester : MANAGEMENT DUAL DEGREE / 2
the characteristics of a monopoly market that distinguishes it from other types of markets:
• Goods or products that are sold have no substitutes (no substitutes)
• The market share of the product is very large or there are many buyers
• It is difficult for new companies or producers to enter the market because there are many
obstacles such as laws and regulations, technology and large capital.
Examples of monopoly markets: Pertamina as an oil company, PLN, PDAM, to PT Kereta Api
The basic characteristics of an oligopoly market that distinguishes it from a monopoly market:
• In an oligopoly market, there are usually two to ten producers who dominate the market (best
known to consumers).
• The types of products traded tend to be homogeneous, such as soap which is generally the same
between one company and another so that it can still replace one another.
• Usually there is one major producer (the largest) who can control the market so that its policies
affect the policies of other companies.
Examples of oligopoly markets: Kitchen and household goods are examples that are closest to
our lives such as bath soap, shampoo, mineral water, cooking spices, and so on. Other examples
include cement products, cigarettes, and motorbikes.