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oligopoly
(redirected from oligopolist)

    Also found in: Dictionary/thesaurus, Financial, Wikipedia, Hutchinson 0.03 sec.
oligopoly: see monopoly monopoly (mənōp`əlē)
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oligopoly

Market situation in which producers are so few that the actions of each of them have an impact on price and on competitors. Each producer must consider the effect of a price change on the others. A cut in price by one may lead to an equal reduction by the others, with the result that each firm will retain about the same share of the market as before but with a lower profit margin. Competition in oligopolistic industries thus tends to manifest itself in nonprice forms such as advertising and product differentiation. Oligopolies in the U.S. include the steel, aluminum, and automobile industries. See also cartel, monopoly.
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? Mentioned in ? References in periodicals archive
 
The problem with this expanded property creation scheme, he (rather lamely) suggests, is that the property being created is gobbled up by a few rapacious oligopolists.
Free culture vs. big media: Lawrence Lessig leads the charge to ... by Post, David G. / Reason
Encarnation and Mason acknowledge the utility of foreign pressure, from multinational corporations (MNCs), such as IBM and Coca Cola, rather than from the American government, but add that, "according to our several case studies, the Japanese state seldom reacted to the direct pressure of American MNCs but responded instead to foreign pressures aggressively mediated by those Japanese oligopolists who typically sought the assets and skills that foreign firms controlled.
Does revisionism work? U.S. trade strategy and the 1995 U.S.-Japan ... by Maswood, S. Javed / Pacific Affairs
When forced to take sides in the civil war, most merchant oligopolists of the Merchant Venturers Society favored the King, many shopkeepers and craftsmen favored Parliament.
The Widening Gate: Bristol and the Atlantic Economy, 1450-1700 by Skeeters, Martha C. / Journal of Social History
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