1) Market 2) Marketplace
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An oligopoly is a market form in which a market or industry is dominated by a small number of sellers (oligopolists). Oligopolies can result from various forms of collusion which reduce competition and lead to higher prices for consumers. With few sellers, each oligopolist is likely to be aware of the actions of the others. The decisions of one fi...
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http://en.wikipedia.org/wiki/Oligopoly
Where an oligopoly exists, a few large suppliers dominate the market resulting in a high degree of market concentration....
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market situation of few sellers of a service
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domination of a market by a few producers
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A market structure in which there are a small number of sellers, at least some of whose individual decisions about price or quantity matter to the others.
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http://www-personal.umich.edu/~alandear/glossary/o.html
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 ... [5 related articles]
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http://www.britannica.com/eb/a-z/o/15
A Market characterized by a small number of producers who often act together to control the supply of a particular good and its market price.
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http://www.duke.edu/~charvey/Classes/wpg/bfgloso.htm
A market dominated by a very few sellers who account for a large proportion of output.
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http://www.encyclo.co.uk/local/20140
The domination of a small number of firms in a given industry.
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http://www.encyclo.co.uk/local/20212
In economics, a situation in which a few companies control the major part of a particular market. For example, in the UK the two largest soap-powder companies, Procter & Gamble and Unilever,...
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http://www.encyclo.co.uk/local/20688
A Market characterized by a small number of producers who often act together to control the supply o
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http://www.encyclo.co.uk/local/22402
A market in which a small number of companies control the supply of certain goods and services
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http://www.encyclo.co.uk/local/22643
The situation where a small number of firms control the supply, and strongly influence the price, of... <a target=_blank href='http://www.finance-glossary.com/terms/oligopoly.htm?id=12860&ginPtrCode=00000&PopupMode=false' title='Read full definition of oligopoly'>more</a>
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An oligopoly is a market in which relatively few sellers supply many buyers, each seller recognising that he can control his prices to a certain extent and that his competitors' actions will influence his profits. This is a departure from the assumption, in perfect competition, that there are a large number of firms in any particular market. If the...
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[
n] - (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
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http://www.webdictionary.co.uk/definition.php?query=oligopoly
oligopoly, oligopolies, oligopolistic 1. An economic condition in which there are so few suppliers of a particular product that their actions can have a significant impact on prices and on their competitors. 2. A state of limited competition when a market is shared by a small number of producers or sellers. 3. An economic market with few competing...
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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
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https://www.encyclo.co.uk/local/20974
In economics, a situation in which a few companies control the major part of a particular market. In an oligopolistic market, firms may join together in a cartel, colluding to fix high prices. Such collusion – an example of a restrictive trade practice – is illegal in the European Union (EU). Oligopoly is characterized by competition on f...
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https://www.encyclo.co.uk/local/21221
a market situation in which only a few companies dominate and compete in a given industry
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https://www.encyclo.co.uk/local/21664
An oligopoly is a market form with limited competition in which a few producers control the majority of the market share and typically produce similar or homogenous products. Due to the small number of firms and lack of competition, this market structure often allows for partnerships and collusion.
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