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oligopoly
[ ol-i-gop-uh-lee ]
noun
- the market condition that exists when there are few sellers, as a result of which they can greatly influence price and other market factors. Compare duopoly, monopoly ( def 1 ).
oligopoly
/ ˌɒ±ôɪˈɡɒ±èÉ™±ôɪ /
noun
- economics a market situation in which control over the supply of a commodity is held by a small number of producers each of whom is able to influence prices and thus directly affect the position of competitors
oligopoly
- Control over the production and sale of a product or service by a few companies.
Derived Forms
- ËŒ´Ç±ô¾±ËŒ²µ´Ç±è´Çˈ±ô¾±²õ³Ù¾±³¦, adjective
Other ˜yÐÄvlog Forms
- ´Ç±ô·¾±Â·²µ´Ç±è·´Ç·±ô¾±²õ·³Ù¾±³¦ [ol-i-gop-, uh, -, lis, -tik], adjective
˜yÐÄvlog History and Origins
Origin of oligopoly1
˜yÐÄvlog History and Origins
Origin of oligopoly1
Example Sentences
In "What Went Wrong with Capitalism," Ruchir Sharma charts the rise of the so-called “big government,†oligopolies and the type of economic system that is set up to benefit the billionaire class.
Supreme Court decision that effectively broke up the studio oligopolies.
You can hardly find a better example of the corruption of government by big business, which ties into all these issues about consolidation and oligopolies and monopoly power.
“Big, fat tech oligopolies looking for more growth and profit; there are the medium-size companies that over-hired during boom times; and there are the smaller start-ups that are just trying to gain runway to survive.â€
Most food-related industries, from seeds to store shelves, are oligopolies on their way to monopoly.
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