Question: Hello there, Can you please help me understand the following. I live in an area that has 2 (large) main telecom providers and 3 or

Hello there,

Can you please help me understand the following. I live in an area that has 2 (large) main telecom providers and 3 or 4 very small ones. Would this be considered monopolistic competition or oligopoly?

are monopolistic competition and oligopoly similar?

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