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Finance Dictionary and Glossary of Investment Terms
Oligopoly
Definition 1.
When a particular market is controlled by a small group of firms.
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Definition 2.
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.
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Definition 3.
A market dominated by a small number of participants who are able to collectively exert control over supply and market prices.
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