Oligopoly
Music industry is an oligopoly. 3 labels – Sony, Universal and Warner Music – control majority of market share by owning 80% of every piece of music ever recorded.
Guessed the Word? Series 11 (2/4) [photo:Stocksnap]
Oligopoly
Music industry is an oligopoly. 3 labels – Sony, Universal and Warner Music – control majority of market share by owning 80% of every piece of music ever recorded.
Guessed the Word? Series 11 (2/4) [photo:Stocksnap]