$20 Bonus + 25% OFF
Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!

Monopoly, Oligopoly And Monopoly Competition In Australia

tag 19 Downloads6 Pages 1,277 Words tag Add in library Click this icon and make it bookmark in your library to refer it later. GOT IT


Discuss about the Monopoly, Oligopoly and Monopoly Competition in Australia.




In a contemporary business environment of the Australian market, Monopoly, Oligopoly and Monopolistic competitive market structure can be found in significant business industries. The study of different market structures can identify the operations management of the organisations. The article has reflected the monopolistic market operations of Australia Post and the impact of the same on SMEs. Through the identification of the strategic moves of Australia Post, the current position of other SMEs and start-up businesses in the Australian postal industry can be determined in the study paper. Furthermore, for significant knowledge of different market structure, a brief discussion of the three identified market structures in Australia has been presented in the paper for further consideration (Kehoe, 2016). Along with that, the anti-competitive tactics of the monopolistic business structure of Australia Post has been described in the article of Broede Carmody to notify the business concepts of such firms (Carmody, 2015). Another article has been selected to discuss the future of oligopoly market structure in Australia. Understandably, an increase in modern corporate rivalry has been contributed to the breakdown of oligopoly market structure in the country. Therefore, aggressive competition can be seen in the oligopolistic competitive market to become the frontrunner. Moreover, many organisations operating within the oligopolistic market structure have forced to compete in the market.

Different Types of Market in Australia

Considering the chosen articles, it can be seen that different types of market exists in Australia. The markets are differentiated on the basis of the power of the seller and the price mechanism that derives the demand and supply in the market (Dasgupta & Ushio, 2011). Furthermore, it has been found that all types of the market such as monopoly, oligopoly as well as monopolistic competition exist in the Australian economy.

Monopoly Market

Considering the monopoly characteristics, it can be seen that Australia Post act as a monopoly business in the Australian market. It does not allow any private postal company to deliver parcels to the government post offices and controls the expansion of private postal companies in the economy. According to Carmody (2015), the Australian Post hurts the small businesses in the market by not allowing them to trade freely in the market (Carmody, 2015). Hence, the power of price and control over the market supports Australia Post to rule the industry. Not only the Australia Post acts as a monopoly business in the Australia market, but also the Railway service and Water Service of the Australian government are considered as leaders in the monopoly market (May, 2015).

The Commonwealth Government is the sole authority to decide the price of services because of no other competitors in the market. The customers are bound to buy these services because they are the necessity of human life that cannot be substituted by other services (Mankiw, 2016). Hence, the existence of monopoly can be evident from the article as well as in the real life scenario of the Australian market. These monopoly leaders do not allow other business owners to enter those service industries in which they rule (Misiolek, 2010).


Oligopoly Market

The analysis shows that Australia has been a great market for Oligopoly businesses. An oligopoly business avoids price wars and tends to adopt similar prices for similar products. Some of the examples of Oligopoly businesses in Australia are Kelloggs, Coca-Cola, Dulux, Carlton United, Bridgestone, Dunlop and Hoyts. It is important to note that, when prices are raised, all firms do it together to avoid price wars and immense rate of competition (Eldor & Zilcha, 2010). In the year 1995, the government of Australia introduced the Trade Practises Act that safeguards the customers from unjustified practices of the oligopoly businesses (Carmody, 2015). Along with that, the law helped to maintain a balance in the market to reduce the level of competition.

Considering the current market scenario, it can be seen that Oligopoly in Australia is on a verge of death. The current policies of the government provide free entry to new rivals that increase the competition level in the market (Bose & Gupta, 2012). Hence, it leads to a price war to survive and seek success in the Australian market. Hence, it can be seen that Australian market has turned to be a perfectly competitive market in the current business scenario.

Monopolistic Competition Market

Through the identification of existing Monopoly and Oligopoly market structures in the Australian business industry, an analysis must be presented to understand the current status of the competitive market. In contemporary, challenging circumstances, some of the heavy-weight oligopolistic business firms have forced to adopt competitive market structure due to the massive business rivalry. Airways sector, health industry, financial services, telecommunication services, educational sector, retail industry, and restaurant and food industry have been included within the competitive market structure in Australia (Smith, 2015). Due to the latest technological development and infrastructural growth, each of the companies is struggling for existence. Through the identification of customer’s satisfaction point, efficient marketing mix, pricing strategies, additional services and marketing approaches have been implemented to create competitive advantage in the market structure. Meanwhile, many oligopolistic firms such as coal and mining corporations, oil and gas companies and unique services providers have been forced to compete. Moreover, massive demands from the huge market clients and digital improvements have created significant challenges for the business operators in the country (McEachern, 2012). After decades of significant profitability margins, many oligopolistic enterprises have to share the market with latest business competitors. As a result of the scenario, customers of Australia have been significantly benefitted as they have selected the best products and services based on research of quality and pricing model offered to them.


At the end of the discussion, the competitive study on Monopoly, Oligopoly and Monopolistic aggressive market structure, a significant conclusion can be drawn on the performance of the organisations operating in different sectors. For instance, the monopolistic business model of Australia Post has affected the functions of SMEs operating in the industry. As a result, the monopolistic dominance has been retained for Australia Post. On the other hand, the increase in the rivalry in the oligopolistic market has forced the market giants to share the market with new entities. Therefore, new developments have to be ensured within the oligopolistic market structure to control the oligopolistic business status in the massive Australian market.



Bose, A. & Gupta, B. (2012). Mixed markets in bilateral monopoly. J Econ, 110(2), 141-164.

Carmody, B. (2015). Australia Post is hurting small businesses with PO Box monopoly, says delivery company Sendle - SmartCompany. SmartCompany. Retrieved August 2016, from

Dasgupta, P. & Ushio, Y. (2011). On the rate of convergence of oligopoly equilibria in large markets.Economics Letters, 8(1), 13-17.

Eldor, R. & Zilcha, I. (2010). Oligopoly, uncertain demand, and forward markets. Journal Of Economics And Business, 42(1), 17-26.

Kehoe, M. (2016). Quality Uncertainty and Price in Monopoly Markets. The Journal Of Industrial Economics, 44(1), 25.

Mankiw, N. (2016). Principles of microeconomics. Australia: Thomson Nelson.

May, D. (2015). Export instability when international agricultural markets operate under oligopoly.International Journal Of Trade And Global Markets, 8(2), 142.

McEachern, W. (2012). Microeconomic principles. Australia: South-Western Cengage Learning.

Misiolek, W. (2010). Effluent taxation in monopoly markets. Journal Of Environmental Economics And Management, 7(2), 103-107.

Smith, M. (2015). The death of the oligopoly: Australia's incumbents face new rivals. Financial Review. Retrieved August 2016, from


Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help. (2017). Monopoly, Oligopoly And Monopoly Competition In Australia. Retrieved from

" Monopoly, Oligopoly And Monopoly Competition In Australia." My Assignment Help, 2017,

My Assignment Help (2017) Monopoly, Oligopoly And Monopoly Competition In Australia [Online]. Available from:
[Accessed 27 January 2020].

My Assignment Help. ' Monopoly, Oligopoly And Monopoly Competition In Australia' (My Assignment Help, 2017) <> accessed 27 January 2020.

My Assignment Help. Monopoly, Oligopoly And Monopoly Competition In Australia [Internet]. My Assignment Help. 2017 [cited 27 January 2020]. Available from: is a reputed name in the domain of providing assignment writing services in Australia. Our wider range of services includes college assignment help, university assignment help as well as high school assignment help. Students from any background or at any level, can avail our assignment writing help for best results. Our assignment experts, writers and editors work as a team to provide students top-quality assignment help that can get them higher grades.

Latest Economics Samples

ECO201E Managerial Economics Assignment

Download : 0 | Pages : 3

Answer In this paper, focus shall be put on the examination of question two of the assignment together with its subsections Question Equilibrium mark price occurs where Market demand equals to market supply (Gallice, 2018). N=10 (0.5p-20)10=200-3p 0.5p+3p=20+200 3.5p=220 P=$50 Therefore, the equilibrium market price is 50.   Hence the equilibrium quantity will be; From; Q=200-3p         ...

Read More arrow

ECON335-Economics Of Financial Institutions

Download : 0 | Pages : 8

Answer: 1.In Australia, banking sector has changed its funding composition over the years through altering funding costs and rates of lending. This situation can be analysed precisely in the context of global financial crisis, as this has adversely affected funding composition and costs of banks in Australia. The flow-on effects have affected lending rates as well as net interest margins of these banks. The overall costs of funding of Australi...

Read More arrow

ECON11026 Principles Of Economics Mangement

Download : 0 | Pages : 7

Answer: In a perfectly competitive market setting, a firm is a price taker as it cannot have any say in setting the prices of its goods and has merely to accept the market price. According to Agarwal (2017), there are two key reasons why a firm cannot get away with fixing its price above the market price. First, there is no variance between its merchandise and that of each other firm in the market. As a result, no single customer would be will...

Read More arrow

ECO332 Global Economic Impact Of Tourism

Download : 0 | Pages : 2
  • Course Code: ECO332
  • University: Seneca College
  • Country: Canada

Answer: Introduction: There are many factors affecting the demand for hospitality or tourism in a country. In this paper, I chose to look into how politics as one of the elements can affect the tourism sector in a country.  Tourism plays a major role in any political grounds of any nation in the globe. When people travel away from their home to other destinations, the political climate in those areas tends to affect their stay. The artic...

Read More arrow

MPE781-Economic Health Of The Country

Download : 0 | Pages : 15

Answer: 1.The welfare of a country and its resident population depends considerably on the performance of the economy of the concerned country and the development of the same with time. The performance and the overall health of the economy of a country, in turn depends significantly on the demand-supply dynamics in the markets operating in the economy and on the activities of the demand and the supply side participants in these markets (Holland ...

Read More arrow Tags: Australia Melbourne Economics MPE 781 Economics for Managers University of Melbourne 

Save Time & improve Grades

Just share your requirements and get customized solutions on time.

We will use e-mail only for:

arrow Communication regarding your orders

arrow To send you invoices, and other billing info

arrow To provide you with information of offers and other benefits




Overall Rating



Our Amazing Features


On Time Delivery

Our writers make sure that all orders are submitted, prior to the deadline.


Plagiarism Free Work

Using reliable plagiarism detection software, only provide customized 100 percent original papers.


24 X 7 Live Help

Feel free to contact our assignment writing services any time via phone, email or live chat.


Services For All Subjects

Our writers can provide you professional writing assistance on any subject at any level.


Best Price Guarantee

Our best price guarantee ensures that the features we offer cannot be matched by any of the competitors.

Our Experts

Assignment writing guide
student rating student rating student rating student rating student rating 5/5

203 Order Completed

97% Response Time

Richard Alpert

PhD in Psychology

London, United Kingdom

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

2279 Order Completed

97% Response Time

Zachary Perez

PhD in Computer Science and Information System

Washington, United States

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

752 Order Completed

100% Response Time

Hugh Cleave

Masters in Human Resource Management (MMgt, HRM)

Wellington, New Zealand

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

230 Order Completed

97% Response Time

Liya Han

Master Of Science in Geotechnical Engineering (MSc Geotec)

Singapore, Singapore

Hire Me

FREE Tools


Plagiarism Checker

Get all your documents checked for plagiarism or duplicacy with us.


Essay Typer

Get different kinds of essays typed in minutes with clicks.


GPA Calculator

Calculate your semester grades and cumulative GPa with our GPA Calculator.


Chemical Equation Balancer

Balance any chemical equation in minutes just by entering the formula.


Word Counter & Page Calculator

Calculate the number of words and number of pages of all your academic documents.

Refer Just 5 Friends to Earn More than $2000

Check your estimated earning as per your ability




Your Approx Earning

Live Review

Our Mission Client Satisfaction

The quality of work was well organized according to the rubrics asked and had all the in-text citations, the way I wanted. Was submitted to me before the deadline. Thanks for the help


User Id: 299002 - 27 Jan 2020


student rating student rating student rating student rating student rating

It would be better if I receive the same kind of work for all other assignments.


User Id: 254233 - 27 Jan 2020


student rating student rating student rating student rating student rating

the assessment helper has been very helpfull and i got HD for this assessment. Thankyou my assignment help team


User Id: 323060 - 26 Jan 2020


student rating student rating student rating student rating student rating

I am excited to get the grades for the paper submitted. I will call on your help again.


User Id: 106921 - 26 Jan 2020


student rating student rating student rating student rating student rating
callback request mobile
Have any Query?