oligopoly

1. (countable, uncountable)An economic condition in which a small number of sellers exert control over the market of a commodity.

   Because of the ease of collusion, particularly price fixing, duopolies and oligopolies easily produce outcomes as bad for the general public as outright monopolies.

   Oligopol

   олигопо́лияoligopólija

   олігопо́ліяolihopólija

   (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

1. An oligopoly is an imperfect monopoly.

   CC BY · Tatoeba · Hybrid · C2Open on TatoebaReport a problem

regular