He was describing banks but according to oligopoly
An oligopoly exists when a few companies dominate an industry. This concentration often leads to collusion among manufacturers, so that prices are set by agreement rather than by the operation of the supply and demand mechanism.
Canadians pay more to use their cell phones and this is particularly so for broadband data transmission rates. Undoubtedly this has held back the development of the Ottawa’s wireless auction could cut cellphone rates
News: Canadian Cellphone market will be opened to more competition
Blog: Cautious Optimism With Wireless Auction Plan![]()
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