Oct 7, 2025 · An oligopoly is a market structure where a small number of firms have significant control over market prices and output, often leading to limited competition and potential …

An oligopoly (from Ancient Greek ὀλίγος (olígos) 'few' and πωλέω (pōléō) 'to sell') is a market in which pricing control lies in the hands of a few sellers. [1][2]

May 17, 2023 · “A rule of thumb is that an oligopoly exists when the top five firms in the market account for more than 60% of total market sales,” the article says. “If the concentration ratio of …

Jan 20, 2020 · Oligopoly is a market structure in which a few firms dominate, for example the airline industry, the energy or banking sectors in many developed nations.

Oct 17, 2025 · Oligopoly is a market structure that is characterized by a small number of firms dominating the market. This structure is often seen in industries such as telecommunications, …

An oligopoly in economics refers to a market structure comprising multiple big companies that dominate a particular sector through restrictive trade practices, such as collusion and market …

Apr 7, 2025 · In an oligopoly, the relatively small number of participating companies collaborate (outright or secretly) to gain extra market returns by placing restrictions on output or by price …

oligopoly, 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 on the actions of the other …

The meaning of OLIGOPOLY is a market situation in which each of a few producers affects but does not control the market.

Aug 28, 2021 · An oligopoly is an industry dominated by a few large firms. For example, an industry with a five-firm concentration ratio of greater than 50% is considered an oligopoly.