What Is an Oligopoly Market?
A market controlled by a handful of firms is known as an oligopoly. For example, as of early 2011, most desktop computers ran on either the Microsoft Windows or the Apple Mac operating system. Two airline companies, Boeing and Airbus, dominated the...
An oligopoly is a market form in which a market or industry is dominated by a
small number of sellers (oligopolists). Oligopolies can result from various forms of
A market structure in which a small number of firms has the large majority of
market share. An oligopoly is similar to a monopoly, except that rather than one
An oligopoly market is a market dominated by a few large firms, with each firm
having a significant market share, and whre the concentration ratio for the
Definition of oligopoly: Market situation between, and much more common than,
perfect competition (having many suppliers) and monopoly (having only one ...
Oligopoly definition, the market condition that exists when there are few sellers,
as a result of which they can greatly influence price and other market factors.
UK definition of an oligopoly is a five firm concentration ratio of more than 50% (
this means 5 biggest firms have more than 50% of the total market share) See ...
Define oligopoly: a market situation in which each of a few producers affects but
does not control the market.
The Oligopoly Market characterizes of a few sellers, selling the homogeneous or
differentiated products. In other words, the Oligopoly market structure lies ...