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: --
The public service monopoly in a sector of national sovereignty will be replaced by the oligopoly of a handful of multinationals.
Strategic reasons for relocation may also be important for firms that operate in a monopoly or oligopoly environment, where firms' output and input use would affect output and input prices.
Their interests are not tied to the preservation of sheltered oligopolies and related restrictions, but to the rapid expansion of their own firms and related markets.
Sometimes economic forms emerge and survive on their own, but sometimes they require quite a lot of policy intervention, for example to prevent the formation of oligopolies.
These time series are clearly highly correlated and this could be an indication of either an oligopoly or a highly competitive market for life and pension insurance.
Quite simply, concentrating such industries into monopolies or oligopolies was unthinkable.
As courts proved unwilling to broaden (and prone to narrow) the scope of regulating "big business," administrated prices and corespective behavior within oligopolies thrived.
They exercise an oligopoly over not only land and presumably also wealth but also social power.
