Definitions

Oligopoly

Posted By: TradersLog

Oligopoly refers to an environment where a minority of large sellers dominate a market, and thereby are able to control the supply and price of a good or service. OPEC is an example of an oligopoly.

See also: Monopoly

Enjoying the Oligopoly information? Sign up for the newsletter today and access even more top quality trading related content! Learn More


Email: