oligopoli

listen to the pronunciation of oligopoli
Finnish - Turkish
oligopol
Finnish - English
oligopoly
{i} scarceness of merchants, partial monopoly over market prices
A market situation in which each of a few producers affects but does not control the market
When few sellers sell similar yet differentiated products to many buyers
the situation in a market where there are only a small number of large suppliers
an industry in which (1) firms are not price takers (each faces a downward-sloping demand curve) and (2) each firm acts strategically, taking into account its competitors' likely reactions to its decisions and how it will be affected by those reactions (p 365)
A market situation with a small number of firms producing the majority of a particular industry's production
A market in which sellers are so few that the actions of one of them materially affects the price and has a measurable impact on all competitors
A market or industry characterized by a small number of very large firms that have the power to influence the price of their product and/or resources
- A market with few sellers, but many buyers
An economic condition in which a small number of sellers exert control over the market of a commodity
A market for a good or service in which the decisions of at least one of the sellers have an impact on the market price The limiting case of an oligopoly is a monopoly
an industry characterised by few firms selling the same product with limited entry of other firms (chapter 11)
oligopolist Literally, few sellers; a market situation in which a few individuals or business organizations own or control the total supply of a given commodity or service An oligopolist is one of the few who own or control such a total supply
A market condition in which sellers are so few that the actions of any one of them will materially affect price and have a measurable impact on competitors
A market structure that exists when a few sellers control the supply of a large proportion of a product p 57
A Market characterized by a small number of producers who often act together to control the supply of a particular good and its market price
A few sellers who exert market control over prices
the form of imperfect competition in which the market has several firms, sufficiently few that each one must take into account the reactions of rivals to what it does
A market dominated by a small number of firms
oligopolies the control of all or most of a business activity by very few companies, so that other organizations cannot easily compete with them. Market situation in which producers are so few that the actions of each of them have an impact on price and on competitors. Each producer must consider the effect of a price change on the others. A cut in price by one may lead to an equal reduction by the others, with the result that each firm will retain about the same share of the market as before but with a lower profit margin. Competition in oligopolistic industries thus tends to manifest itself in nonprice forms such as advertising and product differentiation. Oligopolies in the U.S. include the steel, aluminum, and automobile industries. See also cartel, monopoly