oligopoly

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ol·i·gop·o·ly

 (ŏl′ĭ-gŏp′ə-lē, ō′lĭ-)
n. pl. ol·i·gop·o·lies
A market condition in which sellers are so few that the actions of any one of them will materially affect price and have a measurable impact on competitors.


ol′i·gop′o·lis′tic (-lĭs′tĭk) adj.

oligopoly

(ˌɒlɪˈɡɒpəlɪ)
n, pl -lies
(Economics) 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
[C20: from oligo- + Greek pōlein to sell, on the model of monopoly]
ˌoliˌgopoˈlistic adj

ol•i•gop•o•ly

(ˌɒl ɪˈgɒp ə li)

n., pl. -lies.
a market situation in which prices and other factors are controlled by a few sellers.
[1890–95; oligo- + (mono) poly]
ol`i•gop`o•lis′tic, adj.

oligopoly

the market condition that exists when there are few sellers. — oligopolistic, adj.
See also: Trade

oligopoly

The control of a market by a small number of suppliers of goods or services.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.oligopoly - (economics) a market in which control over the supply of a commodity is in the hands of a small number of producers and each one can influence prices and affect competitors
market, marketplace, market place - the world of commercial activity where goods and services are bought and sold; "without competition there would be no market"; "they were driven from the marketplace"
economic science, economics, political economy - the branch of social science that deals with the production and distribution and consumption of goods and services and their management
Translations

oligopoly

[ˌɒlɪˈgɒpəlɪ] Noligopolio m
References in periodicals archive ?
Structurally Weak Profitability in Wholesale: Phoenix, as with wholesale sector peers and despite operating in an oligopolistic industry structure, is subject to structurally limited profitability compared with pharmaceuticals manufacturers, reflecting intense competitive and regulatory pressures.
There is an oligopolistic influence at the current value chain, resulting in lower farm-gate price but higher retail price of goods,' he added.
This paper examines the use of a simple classroom activity, in which students are asked to take action representing either collusion or competition for extra credit to teach strategic thinking required in an oligopolistic market.
Commercial banks consider agriculture sector risky and unprofitable, in turn giving Arhtees (Commission Agents) oligopolistic control of rural credit market, interlinking credit and output transactions, thereby minimizing net agricultural income, he added.
To acquire splinter stakes to become one of the oligopolistic stakeholders of the bank, some overseas investors have also shown interest in the bank, including Japan-based Orix and Luxembourg CVC Capital Partners.
Part 4 outlines the most salient points the study makes about (I) coordinated conduct and oligopolistic pricing, (2) predatory pricing and predatory investments, (3) horizontal mergers and acquisitions, (4) conglomerate mergers, and (5) various pricing-techniques, contract-clause and sales-policy surrogates for vertical integration, and vertical mergers and acquisitions.
Adult mouth care is an oligopolistic and very concentrated category in Portugal, with the two leading players accounting for a combined 73% value share in 2015.
It] will instead crystallize the existing monopolistic and oligopolistic practices in the economy today," she added.
We contrast four different demand structures that have been used extensively in the macroeconomic literature: CES demand, oligopolistic competition in quantities, oligopolistic competition in prices, and translog preferences.
In any case, the competitive situation in cat food is akin to the whole market, quite oligopolistic.
The new investors, which include US investor Wilbur Ross, who has a record in buying stakes in loss making companies and selling them after turning them profitable, and the European Bank of Reconstruction and Development, believed that the bank could become "capable of serving an economy, in an oligopolistic position", Hourican said.