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1) Please compare the market structure for the airline industry in Malaysia and the United State of America (USA)? Is the airline industry an oligopolistic or a monopolistic competition market structure? You must explain based on the characteristics of the market structure. Based on the characteristics of the market structure there are few big players dominate Malaysia's airline industry. Prior to the advent of two main competitors, Air Asia and Malindo Air, the market was dominated by Malaysia Airlines (MAS). Prices, cost strategies, and promotional techniques are fiercely competitive among these three main brands. The industry's growth and market share are interdependent upon each other's tactics. Before the sector became an oligopoly, Malaysia Airlines held the biggest market share there. After entering the market, Air Asia has managed to achieve a significant market share among Malaysian consumers, now holding 65 percent of the domestic air faxed market. Malindo promised to fly in March 2013 and they did, at fares that were competitive or lower Malaysia Airlines launched its super savings campaign/six months after Air Asia enabledem market with its low-cost methods, indicating a price way amongst the three companies. Air Asia t te has undertaken various promotional programmes with zero and low cost fares since the launch of Malindo in September 2012 to lock in customers ahead of the competition. OLIGOPOLY