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WordNet-Online
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Definitions from the WebOligopolisticDefinition: Refers to a market structure dominated by a small number of large firms, often leading to limited competition and strong influence over prices. Sense 1 (Adjective): Characterized by or relating to an oligopoly; having the traits of an oligopoly. Example Sentence: The oligopolistic nature of the telecommunications industry in the country has resulted in high prices and little choice for consumers. Sense 2 (Adjective): Describing a firm or industry as being part of an oligopoly. Example Sentence: The oligopolistic pharmaceutical companies frequently engage in collaborations and agreements to control market prices. Sense 3 (Adjective): Involving or relating to an oligopoly market structure. Example Sentence: Oligopolistic markets often feature barriers to entry for new competitors, making it difficult for smaller businesses to establish themselves. Sense 4 (Adverb): In a manner characteristic of an oligopoly. Example Sentence: The telecommunications companies colluded oligopolistically to fix prices in the market. Related Products on Amazon: | ||||
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