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Oligopoly

noun

/ɒlɪˈɡɒpəli/

Word Frequency: 0.6

Definitions

1.nounAn economic condition in which a small number of sellers exert control over the market of a commodity.

Synonyms

oligopsony duopoly polyopsony monopsony monopoly duopsony bertrand-edgeworth model competitive market cartel bargaining power perfect market seller's market

Rhymes With

sloppily duopoly denapoli metropoli monopoly

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