Market structure of various industries based on theoretical foundations and the proposed FL-GT algorithm
| Industry | Market power | Product differentiation | Market structure |
|---|---|---|---|
| Banking | Medium | Low | Monopolistic |
| Insurance | Low | Medium | Perfect competition |
| E-commerce | Low | High | Monopolistic |
| Industry | Market power | Product differentiation | Market structure |
|---|---|---|---|
| Banking | Medium | Low | Monopolistic |
| Insurance | Low | Medium | Perfect competition |
| E-commerce | Low | High | Monopolistic |
Source(s): Authors’ own work
Sharing content requires targeting cookies to be enabled. Please update your cookie preferences to use this feature.