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What is an Oligopoly?

Topic: What is an Oligopoly?  (Read 66 times)

Offline grofee

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What is an Oligopoly?
« on: March 30, 2022, 02:26:29 PM »
What is an Oligopoly?
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Offline upadhyayjyoti

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Re: What is an Oligopoly?
« Reply #1 on: March 31, 2022, 03:48:40 PM »
Oligo means a small number. A market ruled by a small number of firms that can exert great influence on prices, policies, and procedures, is called an Oligopoly. We could consider Amazon as an Oligopoly.
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