Oligopoly


The meaning of the word Oligopoly is: an economic market structure where a few companies or countries control all of the goods and services


Examples:

The railroad industry was once an oligopoly as only a few corporations had a stake in the operations.

published by Le on 2021-03-06 11:47:22


After three main companies bought up all of the houses, the real estate market in the area became somewhat of an oligopoly.

published by Dona on 2021-07-12 12:41:40


A couple of large law firms have formed an oligopoly that other attorneys had a hard time breaking through.

published by Jackelyn on 2021-10-30 13:18:42


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