COMPETITION Ilya Kolpakov IER

16-a
OUTLINES

• Competition
• Types of competition
• Competition in Ukraine
WHAT IS COMPETITION?

Competition happens when there are many sellers of nearly identical products.
Because of so many companies selling similar products, there are many substitutes
available for consumers.
TYPES

• Perfect competition
• Monopolistic competition
• Oligopoly
• Monopoly
WHAT IS PERFECT COMPETITION?
HOW DOES THE COMPETITION IN ECONOMICS AFFECT A BUSINESS
THE BIGGEST GAS MONOPOLY IN THE WORLD

https://it.wikipedia.org/wiki/Lista_di_giacimenti_di_gas_naturale
EXAMPLE OF COMPETITION IN UKRAINE

Telephone operators in Ukraine

6
5.2
5
4.2
4

2
1.4
1 0.5
0
Kyivstar Vodafone Lifecell other perators

Продажи
CONCLUSION

Free market structure is the competition that comes from allowing

anyone who needs to sell a particular service or item to do so. Under
market structure there have four common types which are perfect
competition, monopolistic competition, oligopoly and monopoly. These
are different markets with different characteristics and examples.