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Why do industries like electricity or cable TV have just one or two major firms while other industries like restaurants or clothes have hundreds or thousands?

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Why do industries like electricity or cable TV have just one or two major firms while other industries like restaurants or clothes have hundreds or thousands?

Why do industries like electricity or cable TV

Why do industries like electricity or cable TV have just one or two major firms while other industries like restaurants or clothes have hundreds or thousands? What might be a general difference that leads to some industries having many firms while others are dominated by just one or two?”

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Why do industries like electricity or cable TV have just one or two major firms while other industries like restaurants or clothes have hundreds or thousands?

APA

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