Oligopoly definition

Oligopoly means a situation where some people or enterprises control over the market of goods or services;
Oligopoly means a condition in which a certain number of individuals or organizations control the market for a product or service;
Oligopoly means a market structure characterised by a few firms in the market who have power to restrict outputs or fixed prices of the goods and services above market prices through collusion, for collusive gains, and due to lack of competition in the market.

Examples of Oligopoly in a sentence

  • Oligopoly: Features, kinked demand curve, cartels, price leadership.

  • Posner, Oligopoly and the Antitrust Laws: A Suggested Approach, 21 STAN.

  • Hay, Oligopoly, Shared Monopoly, and Antitrust Law, 67 CORNELL L.

  • Baker, Two Sherman Act Section 1 Dilemmas: Parallel Pricing, the Oligopoly Problem, and Contemporary Economic Theory, 38 ANTITRUST BULL.

  • A Theory of Dynamic Oligopoly, II: Price Competition, Kinked Demand Curves, and Edgeworth Cycles” (with J.

  • A Theory of Dynamic Oligopoly, I: Overview and Quantity Competition with Large Fixed Costs” (with J.

  • A Theory of Dynamic Oligopoly, III: Cournot Competition” (with J.

  • Piraino, Jr., Regulating Oligopoly Conduct Under the Antitrust Laws, 89 MINN.

  • The two options included the same overall design features, the main difference being that the reduced scheme included the use of lower quality/cheaper alternative materials.

  • Oligopoly: indeterminate pricing and output – classical models of oligopoly – price leadership - collusive oligopoly – kinked demand curve.


More Definitions of Oligopoly

Oligopoly means a situation in which a market for goods or services or both or a large part of a market for goods or services or both is supplied by a small number of enterprises:
Oligopoly means a situation where a number of individuals or enterprises take control over the market of any product or service.

Related to Oligopoly

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  • Cannabinoid extract means a substance obtained by separating cannabinoids from marijuana by:

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  • Halogen means one of the chemical elements chlorine, bromine or iodine.

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