Rise of Oligopolistic Dominance- Business News
Rise of Oligopolistic Dominance As debt-laden distressed companies fall by the wayside, some cash-rich large companies are practically monopolising their sectors Illustration by Siddhant Jumde During the 26th meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), one of the MPC members - Jayant R. Varma, Professor, Finance and Accounting, IIM Ahmedabad - made an interesting observation, which many in government institutions would barely admit to. "Anecdotal evidence suggests that in several sectors which are characterised by an oligopolistic core and a competitive...