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Control of a market by a few firms
Answer for the clue "Control of a market by a few firms ", 9 letters:
oligopoly
Alternative clues for the word oligopoly
Word definitions for oligopoly in dictionaries
Longman Dictionary of Contemporary English
Word definitions in Longman Dictionary of Contemporary English
noun EXAMPLES FROM CORPUS ▪ An oligopoly exists in a market with just a few sellers. ▪ As a consequence of this trend, defensive mergers took place to protect local oligopolies. ▪ By controlling the oligopolies the state can direct aggregate performance. ...
Wiktionary
Word definitions in Wiktionary
n. An economic condition in which a small number of sellers exert control over the market of a commodity.
WordNet
Word definitions in WordNet
n. (economics) a market in which control over the supply of a commodity is in the hands of a small number of producers and each one can influence prices and affect competitors
Wikipedia
Word definitions in Wikipedia
An oligopoly is a market form in which a market or industry is dominated by a small number of sellers (oligopolists). Oligopolies can result from various forms of collusion which reduce competition and lead to higher prices for consumers. Oligopoly has ...
Douglas Harper's Etymology Dictionary
Word definitions in Douglas Harper's Etymology Dictionary
1887, from Medieval Latin oligopolium , from Greek oligos "little, small," in plural, "the few" (see oligo- ) + polein "to sell" (see monopoly ).
Usage examples of oligopoly.
Liberals succeed by impressing an oligopoly of fellow liberals rather than winning in the marketplace of ideas.
Although it discounted HBC transportation invoices by one-third, helping to maintain the London firms oligopoly in the area, the transportation company still turned such a huge profit that annual dividends of 80 percent were not unusual.
Hobie was now convinced that refined sugar was the product of a ruthless oligopoly, the subjugators of Cuba and Hawaii, who had purified their product in order to addict children, while appealing to the basic racist subtext of American life by turning a brown commodity white.
It was also perfect for the insiders in this oligopoly, and their spectacular financial growth reflected it.
Rothschilds, Schiffs, Bernard Baruch-and the most successful mining entrepreneurs, principally the Guggenheims, in the early years of the century laid the foundation for the minerals oligopolies that control the world market today.