Oligopoly
nounverified·updated May 18, 2026
(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
Framework senses
- §1
- (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 · legacy_primary
- (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 competitorsDR-088 backfill from the noun definition column