Is Tesco a monopoly or oligopoly?

Is Tesco a monopoly or oligopoly? One of the best examples of an oligopolistic market in the UK is the supermarket sector where the main firms competing for the market are Tesco, Sainburys, Asda and Morrisons. Is Tesco an oligopoly? Tesco themselves say that it is an oligopoly, this is because Tesco is not the … Continue reading Is Tesco a monopoly or oligopoly?