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Thursday 16 November 2017

Contestable Markets: Indie coffee shops on the rise!

Click here to access an article discussing the rise of small independent coffee shops. This begs the question, how contestable is the coffee market. There are clearly a few large firms that dominate the market (Starbucks, Costa etc), but do they behave like oligopolies or are they competing as if there is a threat of competition?

This is a typical question on the topic of contestability!

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