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oligopoly

/ˌɑlɪˈgɑpəli/ /ˌɒlɪˈgɒpəli/
noun
GeneralBusiness
  1. 1 oligopol
  2. 2 az sayıda satıcının hakim olduğu piyasa

Definition (English)

  1. A market structure with a small number of firms that dominate the industry.
  2. Competition among a few large sellers.

Example Sentences

  1. The airline industry is often cited as an oligopoly.
    Havayolu endüstrisi sıklıkla oligopol olarak gösterilir.
  2. An oligopoly can lead to higher prices for consumers.
    Bir oligopol tüketiciler için daha yüksek fiyatlara yol açabilir.

Collocations

oligopoly marketoligopoly structureoligopoly competitionoligopoly firmsoligopoly behavioroligopoly power