Economy, asked by khadkuladen17, 1 year ago

Cut throat is a feature of which oligopoly?

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Answered by sap000006
1
Cut throat competition is a term that was widely used to describe the reason for consumer protection regulation, labour law, and enforcement of competition law or antitrust, in the late 19th and early 20th century.

In economics, cut throat competition is also referred to as ruinous, excessive or unfettered competition. More generally, cut throat competition is also subsumed under the term "destructive competition".
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