In the UK the detergent industry is an example of an oligopoly, where the market is dominated by a few sellers, in this case two, Unilever and which other company?
Laundry detergent pod two pods, with Tide suggesting up to three. Detergent pods cost significantly more than liquid detergent for equivalent laundry loads. Laundry tabs were originally introduced in the 1960s in a compacted granular form (similar to an oral medical tablet), when Procter & Gamble launched Salvo tablets, later disappearing from the market in the 1970s. In the 1990s, Unilever and Henkel launched a similar laundry detergent pack product sold in Western Europe. These products sometimes didn't fully dissolve in United States washers. In 2005, Cot'n Wash, Inc. introduced liquid unit dose laundry pods under the Dropps brand. In 2012, Procter &
Oligopoly Oligopoly An oligopoly (, from Ancient Greek ὀλίγος (olígos) "few" + πωλεῖν (poleîn) "to sell") is a market form wherein a market or industry is dominated by a small number of large sellers (oligopolists). Oligopolies can result from various forms of collusion which reduce competition and lead to higher prices for consumers. Oligopolies have their own market structure. With few sellers, each oligopolist is likely to be aware of the actions of the others. According to game theory, the decisions of one firm therefore influence and are influenced by decisions of other firms. Strategic planning by oligopolists needs to take