Founder at Munchkin ... • 5m
One of the best possible ways to control monopoly or duopoly is government intervention. Any particular domain should have at least one PSU to control or break the cartel. However this is only theoretically possible as the people running the government shake hands with businesses for their personal gain and indirectly the whole scenario turns into chrony capitalism. As companies under government undertaking are highly influenced by government, they take unhealthy decisions intentionally to pass on all the gain to privately formed cartels(monopoly or duopoly). One of the best examples is BSNL. BSNL could've been used to control the doupoly but everybody is aware of the current scenario. Conclusion: choosing the right government can control the monopoly or duopoly.
CHAIRMAN - BITEX IND... • 1y
Types of market 1. Perfect Competition: Many buyers and sellers with identical products. 2. Monopoly: Single seller dominating the market. 3. Monopolistic Competition: Many sellers offering differentiated products. 4. Oligopoly: Few large firms
See MoreBetterment, Harmony ... • 6m
BSNL is planning a second Voluntary Retirement Scheme (VRS) to cut its workforce by 18,000-19,000 and ease financial pressures. The proposal, seeking ₹1,500 crore for implementation, has been submitted to the Department of Telecommunications (DoT)
See MoreI'm just a normal gu... • 1m
BSNL has installed 84,000 new 4G towers across India as part of its plan to build 100,000 4G sites using local technology. This upgrade aims to improve 4G services for over 90 million subscribers in both urban and rural areas and is designed to suppo
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