Much of the beer sold in Canada is produced by a few companies,although beer is sold under a variety of brand names.What is this an example of?

Question

Quizplus · Accepted Answer

This is an example of an oligopoly, which means a market dominated by a few large companies. Although beer is sold under many different brand names, the production and distribution is largely controlled by a small number of companies.

Much of the Beer Sold in Canada Is Produced by a Few