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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 collusion among the firms.
AndreyPopov / Getty Images A monopoly and an oligopoly are market structures that exist when there is imperfect competition. A monopoly is when a single company produces goods with no close ...
An oligopoly describes a small group of companies that collude to raise prices on products because of excess demand. Members of an oligopoly receive temporary benefits from limiting retail ...
Oligopoly: A market in which there are a limited number of providers providing the same service. Its political counterpart, oligarchy, means rule by a few. Is the cloud computing marketplace ...
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