Associations to the word «Oligopoly»

Wiktionary

OLIGOPOLY, noun. An economic condition in which a small number of sellers exert control over the market of a commodity.

Dictionary definition

OLIGOPOLY, noun. (economics) a market in which control over the supply of a commodity is in the hands of a small number of producers and each one can influence prices and affect competitors.

Wise words

Wisdom does not show itself so much in precept as in life - in firmness of mind and a mastery of appetite. It teaches us to do, as well as talk, and to make our words and actions all of a color.
Lucius Annaeus Seneca