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Asked Jan 21, 2020
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What type of market competitive environment Amazon operates in?

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Expert Answer

Step 1

amazon is an online dealer and offers a fast home delivery. Most of the people have a confusion in that, the competitive market in which amazon includes.

 

Step 2

According to the oligopoly competition, there are some firms are dominating the market. They deal with a homogeneous or differentiated products and having a high barrier to entry. Suppose, we are taking e- bay and amazon for a comparison, both are playing a major role in the industry of e-commerce. Both of them have some similar characters in the c...

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