Oct 7, 2025 · What Is an Oligopoly? An oligopoly is a type of market structure in which a small number of firms control most of the market.

An oligopoly (from Ancient Greek ὀλίγος (olígos) 'few' and πωλέω (pōléō) 'to sell') is a market in which pricing control lies in the hands of a few sellers. [1][2]

Apr 7, 2025 · Oligopolies exist worldwide and may, in fact, be increasing in prevalence over time. In an oligopoly, the relatively small number of participating companies collaborate (outright or secretly) to …

The meaning of OLIGOPOLY is a market situation in which each of a few producers affects but does not control the market.

Jan 20, 2020 · Oligopoly is a market structure in which a few firms dominate, for example the airline industry, the energy or banking sectors in many developed nations.

Jul 17, 2024 · Oligopoly is an economic term that describes a market structure wherein only a select few market participants compete with each other.

oligopoly, market situation in which each of a few producers affects but does not control the market. Each producer must consider the effect of a price change on the actions of the other producers.

Dec 17, 2025 · Oligopoly is a market structure that is characterized by a small number of firms dominating the market. This structure is often seen in industries such as telecommunications, …

OLIGOPOLY meaning: 1. a situation in which a small number of organizations or companies has control of an area of…. Learn more.

Oligopoly Definition An oligopoly in economics refers to a market structure comprising multiple big companies that dominate a particular sector through restrictive trade practices, such as collusion and …