Mar 23, 2026 · An oligopoly is a market model where a few firms dominate, often resulting in shared industry influence and reduced competitive pressures.

An oligopoly (from Ancient Greek ὀλίγος (olígos) 'few' and πωλέω (pōléō) 'to sell') is a market in which pricing control lies in the hands of a few sellers. [1][2]

Jan 20, 2020 · Oligopoly is a market structure in which a few firms dominate, for example the airline industry, the energy or banking sectors in many developed nations.

An oligopoly in economics refers to a market structure comprising multiple big companies that dominate a particular sector through restrictive trade practices, such as collusion and market sharing.

Dec 17, 2025 · Oligopoly is a market structure that is characterized by a small number of firms dominating the market. This structure is often seen in industries such as telecommunications, …

Jul 17, 2024 · Oligopoly is an economic term that describes a market structure wherein only a select few market participants compete with each other.

May 17, 2023 · “A rule of thumb is that an oligopoly exists when the top five firms in the market account for more than 60% of total market sales,” the article says. “If the concentration ratio of one company …

oligopoly, market situation in which each of a few producers affects but does not control the market. Each producer must consider the effect of a price change on the actions of the other producers.

Dec 3, 2019 · The term “oligopoly” refers to an industry where there are only a small number of firms operating. In an oligopoly, no single firm enjoys a large amount of market power.

Oligopoly arises when a small number of large firms have all or most of the sales in an industry. Examples of oligopoly abound and include the auto industry, cable television, and commercial air travel.