1.

Meralco

- Why Meralco is an example of monopoly? Well, it is simply because they are the only
one who’s providing and supplying electricity in Metro Manila. It also has no
competition within its franchise or service area. It has been granted by the Philippine
Congress a franchise to solely distribute electricity within its franchise area. With
Meralco, there’s no other choice, if you’re not satisfied with their service or you think
they’re charging too much, you have to suck it up because no other provider will be
serving you. Hence, a monopoly.

2. Fast Food Restaurant (Specifically: Jollibee, McDonalds, KFC and Chowking)

- Fast food Restaurants like McDonalds, Jollibee, Chowking and KFC are considered as
Oligopoly structure of business because these businesses are dominant business in the
fast food industry and also they are low enough in numbers in terms of competitors also
because they are the biggest competitors to each other. It is also considered as Oligopoly
because these businesses easily influence the decisions of others because of their
competitions. An example of these is creating new products, if McDonalds create and
showcase new product then there is a high possibility that Jollibee, Chowking and KFC
will also create a new one in order to compete with the new product of McDonalds.
3. Gas Stations

- In Monopolistic Competitions, the most relevant example is the GAS stations because the
product they sell to consumers doesn’t have any substitutes and only that there are many
firms but have same of products, like Petron and Caltex. Gas Stations have same products
but they don’t let each other influence their managerial and operational practices like in
terms of their prices. The pricing of Gas Stations cannot be influenced by the other
because they depend on the price of their suppliers. In a simple meaning, if Petron lowers
the price of their product, it doesn’t mean that Caltex will also lower their prices just
because of competition.

4. Marketplace
- In the Perfect Competitions, an example of this is wet markets that sell meats because it
has the five criteria in this kind of market structure. First is that they have same products
that are identical. Second, is that they cannot control the price of their product and they
will always depend on the price of suppliers. Next is, they only have small market share.
Wet markets sell same meats but they don’t have same product prices.