0 a situation in which a small number of organizations or companies has control of an area of business, so that others have no share
1 a situation in which only a small number of companies are involved in producing a particular type of goods or in providing a particular type of service. The group of companies itself is also referred to as an oligopoly:
Disciplines like economics or political science use disparate models to analyze monopoly, oligopoly, perfect competition, public goods, elections, coalition formation, and so on.
Over the past seventy years, the forest estate has passed from monopoly to oligopoly ownership and back to (state) monopolistic control.
The breweries' transformation of promotion into a vertically integrated oligopoly gradually squeezed out booking agents, smaller promoters and competing sponsors.
Therefore, these clustered oligopolies managed the politics of market-power relations through pushing service and brand names and attention to cost-saving internal adjustments.
Unionized workers continued to represent a relatively privileged minority of the labour force working for public monopolies or private oligopolies.
In fact, he regarded elite coalitions as the political equivalents of economic oligopolies, which undermined the possibility of perfect competition.
The television marketplace, once an oligopoly, is now competitive.
They exercise an oligopoly over not only land and presumably also wealth but also social power.
