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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

Oligopoly  

Definition 1.

When a particular market is controlled by a small group of firms.
 

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.
 

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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