oligopoly Sentence Examples
- The oligopoly in the telecommunications industry has led to high prices and limited consumer choice.
- The four major airlines formed an oligopoly, controlling over 80% of the market share.
- The government investigated the oligopoly's practices to determine if they were violating antitrust laws.
- The barriers to entry in the software industry created an oligopoly with only a few dominant players.
- The oligopoly in the medical equipment market resulted in inflated prices and slow innovation.
- The pharmaceutical industry is an oligopoly with a small number of large companies dominating research and development.
- The oligopoly in the energy sector gave oil and gas companies significant market power.
- The oligopoly in the banking industry raised concerns about financial stability and competition.
- Antitrust authorities closely monitor oligopolies to prevent anti-competitive behavior.
- The consequences of an oligopoly can include higher prices, reduced consumer welfare, and barriers to new entrants.
oligopoly Meaning
oligopoly (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
Synonyms & Antonyms of oligopoly
No Synonyms and anytonyms found
FAQs About the word oligopoly
(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
No synonyms found.
No antonyms found.
The oligopoly in the telecommunications industry has led to high prices and limited consumer choice.
The four major airlines formed an oligopoly, controlling over 80% of the market share.
The government investigated the oligopoly's practices to determine if they were violating antitrust laws.
The barriers to entry in the software industry created an oligopoly with only a few dominant players.
