Proceeding International Seminar of Islamic Studies
INSIS 5 (March 2023)

PROSPECT OF OLIGOPOLY MARKET IN DIGITAL ECONOMY

Frida Yanti Sirait (Universitas Islam Negeri Sumatera Utara)
Mulyana Fitri (Universitas Islam Negeri Sumatera Utara)
Tsamara Balqis (Universitas Islam Negeri Sumatera Utara)
Isnaini Harahap (Universitas Islam Negeri Sumatera Utara)



Article Info

Publish Date
23 Mar 2023

Abstract

In terms of marketing company products and services, e-commerce has a significant impact on the industry as a whole, especially in the process of achieving the company's target market. The aim of this research is to present prospect of oligopoly market in digital economy, The method used in this research is literature review. This type of research is quantitative research which is flexible and open to modification by the author according to the needs of the author .The Result One form of oligopolii market that has a huge opportunity is the e-commerce market. Performance in e-commerce companies, which have recently grown rapidly, has not shown any real gains. In five to ten years, this fairly young effort will pay off. It is estimated that the development of this e-commerce market will continue to increase. Although currently there are still not many users due to the fact that only a handful of Indonesians shop online, The practice of oligopoli is considered to be one of the most common methods for assisting individuals and organizations in achieving their goals by determining the appropriate price, which means that the average price between the individuals and organizations that practice oligopoli does not exist.

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Journal Info

Abbrev

insis

Publisher

Subject

Religion Arts Astronomy Economics, Econometrics & Finance Law, Crime, Criminology & Criminal Justice Mathematics Physics Other

Description

Proceeding International Seminar of Islamic Studies, published by the Faculty of Islamic Religion, University of Muhammadiyah Sumatera Utara (UMSU), Medan, Indonesia, which includes articles on the scientific research field of Islamic studies and Islamic education, Islamic law, and Islamic ...