Oligopolies must be aware of the threat of their competitors' next moves. For instance: Price rigidity: In an oligopoly, price competition is also avoided because decreasing prices can unleash a price war that decreases all firms' profits. They tend to keep the prices stable while using non-price competition, including advertising or innovation in a product, to attract buyers. Collu... https://finxl.in/financial-analyst-online-classes-courses-training.html