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词汇 oligopoly
释义 oligopoly
noun[ C ]
uk /ˌɒl.ɪˈɡɒp.əl.i/ us /ˌɑː.lɪˈɡɑː.pəl.i/
a situation in which a small number of organizations or companies has control of an area of business, so that others have no share寡头垄断
SMART Vocabulary: related words and phrases

Mergers & acquisitions
absorb
acqui-hire
acquirable
acquire
acquisition
acquisitive
buyout
conglomerate
denationalization
denationalize
fire sale
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hive
hostile
leverage
monopoly
non-hostile
parent
parent company
partnership

oligopoly | Business English


oligopoly
noun[ C or U ]
uk /ˌɒliˈɡɒpəli/uspluraloligopolies
ECONOMICS
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:
Some say that Swedish banking is an oligopoly: the big four banks control 89% of total banking assets.
Compare
monopoly

Examples of oligopoly


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.
As courts proved unwilling to broaden (and prone to narrow) the scope of regulating "big business," administrated prices and corespective behavior within oligopolies thrived.
Quite simply, concentrating such industries into monopolies or oligopolies was unthinkable.
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.
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.
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.
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.
The public service monopoly in a sector of national sovereignty will be replaced by the oligopoly of a handful of multinationals.
From Europarl Parallel Corpus - English
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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