Market Structure Trends : The Changing Dynamics and Competitive Landscape in Telecommunication Industries in the Philippines

This literature review examines the impact of market structure on the business operations of telecommunication companies in the Philippines, with a particular focus on the oligopolistic market structure dominated by Smart Communications and Globe Telecom. The research aims to investigate the market concentration's implications on competition, pricing, innovation, and investment in the industry. The study's relevance lies in identifying the factors hindering industry competition and innovation and providing policy recommendations to promote a level playing field, increase competition, and encourage investment in network infrastructure and services. The study's primary outcomes include oligopoly's adverse effects on consumer welfare and the industry's growth and development and recommending policies to promote competition, innovation, and investments in the telecommunications industry in the Philippines