[
UK
/ˌɒlɪɡˈɒpəli/
]
[ US /ˌɑɫɪˈɡɑpəɫi/ ]
[ US /ˌɑɫɪˈɡɑpəɫi/ ]
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
How To Use oligopoly In A Sentence
- In the past, the Chinese have complained loudly that the miners behave like an unaccountable oligopoly.
- The most profound change to occur in the television industry in the 1980s and 1990s was the rise of competition to the network oligopoly from cable programmers.
- The standard Cournot model of an oligopoly is shown not to have a phase transition, as it is equivalent to a continuum version of the Curie-Weiss model. Strange Science
- B 2 B e - commerce platform - Alibaba Duzhanaotou, an oligopoly situation, occupy the vast majority of B 2 B e - commerce market share.
- The regional firm-level indices are derived for oligopsony / oligopoly in recycled newsprint mills for the years 1972-1995.
- The U.S. auto industry is an oligopoly, because there are only three main producers.
- Industry consolidation and a trend toward market oligopoly have also marked the evolutionary paths of numerous other industries.
- Because of economies of scale with large corporations there is a strong tendency towards monopoly or at least oligopoly that libertarian almost always seem to ignore that requires a countervailing power and that can only be a government large (strong) enough to police the monopolies - oligopolies. Technological Determinishm, Arnold Kling | EconLog | Library of Economics and Liberty
- The company's five biggest competitors had already signed up, but this firm - the sixth company in the industry oligopoly - was resisting the opportunity.
- The thesis brings to bear conjectural variation to unify the classical oligopoly models and open out that the differences of the models are only the dissimilarities of conjectural variation range.