Oligopoly

What is Oligopoly?


1.

The funnest word to say EVER!

Oligopoly!

See monopoly, oligarchy

2.

An Oligopoly is the parallel of a monopoly. Where a monopoly is a market dominated by one seller with little or no competition, oligopolys have many sellers competing for customers.

If left unchecked intime slowly grocery store will fade from an oligopoly to a monopoly thanks to Wal-Mart.

3.

In the context a monopoly, something to do with small companies owning a share of the market

What an oligopoly!


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