Which industries in India currently are examples of oligopoly?
Answer:
Some of the sectors, which were Government monopoly, are moving towards, free economy. But, the phase now is Oligopolistic. They are Aviation, Communication, Mining, etc. After, opening-up of World Economy, Oligopoly & monopoly, can not survive, as the market has become huge. Only, Government monopoly, will survive due to its power.
Electronics Solutions
Mobile telephony. - A few operators are Airtel, Idea, BSNL, Reliance
Dictionary Meaning - (economics) a market in which control over the supply of a commodity is in the hands of a small number of producers and each one can influence prices and affect competitors
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