oligopoly
(ol-i-gop-o-ly)
5 syllables
Definition
noun. a market structure where a few companies control the market.
Example Sentence
The Cournot-Nash model is the simplest oligopoly model.
More Example Sentences
An oligopoly can limit choices for consumers.
Synonyms
market control; limited competition; few sellers
Antonyms
monopoly; perfect competition; free market
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oligopoly
Rhymes
- sloppily
- denapoli
- duopoly
- monopoly
- oligopoly