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Describe all four of the market structures

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Assume that you have been hired as a market entry consultant to advise an American bank which wants to enter into the Australian banking industry. This bank has a number of different services including corporate, investment banking, agricultural and retail banking services.

Given the top 4 banks in Australia control 80% of the market what issues with respect to oligopolistic market structure compared to other market structures would you discuss?

Describe all four of the market structures and how each one may or may not be conducive to entry of a new bank into the Australian market.

 

 

Reference no: EM132969265

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