Explore oligopolies, where a few firms dominate a market, influencing prices and outcomes. Learn about characteristics, examples like OPEC, and market implications.

Learn what a price taker is, see examples in competitive markets like grain and oil, and understand how they differ from price makers in economics.

Written by Peter H. Swan, Ph.D. The railroad industry is in crisis. Many people outside and inside the industry are quick to blame its current state on Precision Scheduled Railroading (PSR) and Wall ...

In the end, it isn't about the size of the marketing team—it's about the strength of its structure and the clarity of its ...

Many US senators are reportedly moving to advance a bill for crypto market structure rules amid a government shutdown with no ...