what automobile industries form a oligopoly?

An oligopoly is a marketing situation in which there are only a few competitors (usually large companies) for customers in a particular industry and where each of the competitors is sensitive to the others’ marketing strategies, particularly in the area of product price. The automobile industry in the United States is an oligopoly because only six firms (General Motors, Ford, Chrysler, Honda, Toyota, and Nissan) account for almost 90% of U.S.

Regulation In The Automobile Industry – Bloomberg

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