Oligopolistic business normally do not engage in price competition as this usually leads to a decrease in the profit businesses can make in that specific market.
Critics have argued that there is an inherent tendency toward oligopolistic structures when laissez-faire is combined with capitalist private property.
Concentration ratios are usually used to show the extent of market control of the largest firms in the industry and to illustrate the degree to which an industry is oligopolistic.
Eliminate all forms of monopolistic market power, to include the breakup of large oligopolistic corporations and application of anti-trust laws to labor unions.
