Oligopoly 

An Oligopoly is the act of participating in a monopoly with multiple companies. Behind closed doors the companies will usually agree not to compete with each other in certain regions of a country, state, or city. This can lead to the severe spike in prices without the need for compensation due to competition. This act, while royally fucking a consumer, can provide access to a previously illegal business practice with zero negative repercussions and an immunity to any legal action being taken against the companies in question.

Comcast : So Time Warner, You take New York, I'll take California, and AT&T can take Texas.

Verizon : This is looking to be the most corrupt Oligopoly to date!

Oligopoly by DamnitAjit December 17, 2017

oligopoly 

An Oligopoly is the parallel of a monopoly. Where a monopoly is a market dominated by one seller with little or no competition, oligopolys have many sellers competing for customers.

If left unchecked intime slowly grocery store will fade from an oligopoly to a monopoly thanks to Wal-Mart.

oligopoly by Fouwlkan June 1, 2005

oligopoly 

The funnest word to say EVER!

Oligopoly!

oligopoly by AllenChrist August 26, 2008

oligopoly 

In the context a monopoly, something to do with small companies owning a share of the market

What an oligopoly!

oligopoly by kymcleod October 11, 2003

Oligopoly 

Defined as a small group of companies that acts like a cartel to fix prices and stifle competition. Usually applies to gas stations and supermarkets, but can be applied to any industry with a small number of players.

When an independent gas station tried to start a price war with its major competitors, the oligopoly colluded to squeeze the smaller player out of business.

Oligopoly by BlastFurnace November 22, 2023