Question

Is Nestle an Oligopoly? What is their Pricing Strategy? Who are the competitors? Are they conglomerates? Mergers and Acquisitions? Market Power? Anti trust issues?

Please cite your sources, thank you?

Answer 1

Nestle company which was started in 1866 by Henri Nestle is a Oligopoly.An oligopoly is a type of market which is ruled by a of sellers that occupy a significant share of the market.The competitors of Nestle are Kraft foods and Pepsico.A conglomerate is a multinational company that owns many brands under one parent company.Nestle is a conglomerate as Nestle owns more than 2000 brands such as nescafe, Cerelac, Maggi, Munch, etc.across many countries.Even Pepsico is a conglomerate it owns several brands such as pepsi,Minutemaid,maaza,lays,etc.across many countries.Kraft owns brands such as Kraft cheese,Cadburry,Oreo etc. across many countries.The Kraft company was had a merger with Heinz and is now named as Karft-Heinz.