A consolidated industry structure: a. provides no scope for an oligopoly to exist. b. constitutes a threat rather than an opportunity. c. consists of a large number of small companies or medium-size companies, none of which is in a position to determine industry price. d. is dominated by a small number of companies or, in extreme cases, by just one company, and such companies often are in a position to determine industry prices. e. is characterized by low-entry barriers and commodity-type products.
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