Does the comparison seem justified to you? Do you think it is a problem, or not? Why?

We learned about oligopoly in Ch 10.  A special case of oligopoly is a market with only two major producers – a duopoly.    Increasingly our political system (and even that of some EU countries) is described as a duopoly.  Scan the articles and

  1. Summarize how a political oligopoly is similar in structure, behavior and outcomes to a market oligopoly.  Be sure to make clear (cited) references to the articles.
  2. Does the comparison seem justified to you?  Do you think it is a problem, or not?  Why?
  3. What could possibly be done to improve the situation?