Tuesday, April 15, 2014

Please give five real life examples in India for the terms monopoly, monopolistic competition and oligopoly. Detailed examples which are still...

Given below are some examples of monopoly, monopolistic
competition and oligopoly in
India.


Monopoly


  • Indian
    Railways has monopoly in Railroad transportation

  • State
    Electricity board have monopoly over generation and distribution of electricity in many
    of the states.

  • Hindustan Aeronautics Limited has monopoly
    over production of aircraft.

  • There is Government monopoly
    over production of nuclear power.

  • Operation of bus
    transportation within many cities.

  • Land line telephone
    service in most of the country is provided only by the government run
    BSNL.

Monopolistic
Competition


  • Some restaurants
    enjoy monopolistic competition because of their popularity and
    reputation.

  • Demand for some specific models of
    automobiles outstrips the production capacity. This creates situation of monopolistic
    competition. Similar monopolistic situation develops for some given periods for
    different capital goods product from time to time.

  • Some
    newspaper in some places enjoy almost monopolistic position in spite of existence of
    other competitors.

  • Manufacture of some high precision
    products, such as multi-cylinder diesel engine fuel injection pumps, enjoy monopolistic
    competition because their competitors are not able to match their
    quality

Oligopoly


  • Airlines
    industry

  • Petroleum
    refining

  • Power generation and supply in most of the parts
    of the country

  • Automobile
    industry

  • Long distance road transportation by bus. Many
    of there routes have buses operated by limited numbers of
    operators.

  • Mobile
    telephony.

  • Internet service
    providers

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