![]() ![]() Academic publishers, such as Elsevier, operate captive markets. The term therefore applies to any market where there is a monopoly or oligopoly.Įxamples of captive-market environments include the food markets in cinemas, airports, and sports arenas, college textbooks, US cable companies, the Kosher food market in the United Kingdom, printer refills, truck stops due to fueling contracts and semi truck regulations, and phone calls and food in jails and prisons. For the short story, see Captive Market (short story).Ĭaptive markets are markets where the potential consumers face a severely limited number of competitive suppliers their only choices are to purchase what is available or to make no purchase at all.
0 Comments
Leave a Reply. |