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What is Etsy Inc.'s market structure? Explain in detail.

What is Etsy Inc.'s market structure? Explain in detail.

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Etsy will fall under the oligopoly market structure because in this market there are few more firms like Amazon and Ebay, overall there are few large firms that control the whole market share. When there is a situation in the market when few firms control the whole market then its oligopoly, here the firms are interdependent i.e. they cannot take independent decisions without affecting the other firms in the marlket. there is considerable economies of scale and barriers to entry in the market.

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