Legal Definition oligopoly noun ol·i·gop·o·lyˌä-li-ˈgä-pə-lē, ˌō- pluraloligopolies :a condition in which a few sellers dominate a particular market to the detriment of competition by others More from Merriam-Webster onoligopoly ...
What is an Oligopoly? - Definition & Impact on Consumers Lesson Transcript Instructors Jeremy Cook View bio Brianna Whiting View bio Lesley Chapel View bio Learn what an oligopoly is and its market effects, and view examples of oligopolies. Understand non-price competition and how oligopolies affect...
Definition of oligopoly noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
Discover More 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. FromSalon ...
Here, we’ll look at the definition of an oligopoly and how it may apply to your business. We’ll also look at how an oligopoly can affect your business, and how to succeed when operating within an oligopolistic market. What is an oligopoly? An oligopoly is somewhere between a monopoly...
Concentration Ratio and HHI An oligopoly is sometimes defined as a market with a small number of firms. But this definition assumes that many niche producers are not part of the market. For example, Rogers, Bell and Telus are the major mobile network operators in Canada but there are many ...
An oligopoly is characterized by a few firms that have control over the price and output level of a market. Explore the definition and examples of oligopoly, and learn about the impact of a market's oligopolistic behavior on consumers. What Is an Oligopoly? An oligopoly is a market structur...
Examples Model Types Advantages and Disadvantages What is Price Leadership? When a company has a majority of market share in an industry, it can decide the prices for products and services, while other companies have to follow it. This is known as price leadership. ...
An oligopoly is characterized by a few firms that have control over the price and output level of a market. Explore the definition and examples of oligopoly, and learn about the impact of a market's oligopolistic behavior on consumers. Related...
An oligopoly is characterized by a few firms that have control over the price and output level of a market. Explore the definition and examples of oligopoly, and learn about the impact of a market's oligopolistic behavior on consumers.