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Definition of Oligopoly
1. Noun. (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.
Generic synonyms: Market, Market Place, Marketplace
Category relationships: Economic Science, Economics, Political Economy
Category relationships: Economic Science, Economics, Political Economy
Definition of Oligopoly
1. Noun. An economic condition in which a small number of sellers exert control over the market of a commodity. ¹
¹ Source: wiktionary.com
Definition of Oligopoly
1. [n -LIES]
Lexicographical Neighbors of Oligopoly
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