by Avathoemke November 12, 2022
Get the oliago mug.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!
Verizon : This is looking to be the most corrupt Oligopoly to date!
by DamnitAjit December 17, 2017
Get the Oligopoly mug.Related Words
by Glycine January 3, 2022
Get the Hoi Oligoi mug.Michael Vick is an oligophrenic man.
by Joe Johnson JJ May 2, 2008
Get the oligophrenic mug.
Get the Oligofren mug.Oliage means Body hair
(pubes, underarm hair, leg hair, arm hair, and OCASSIONALY short-ish hair on one's head)
(pubes, underarm hair, leg hair, arm hair, and OCASSIONALY short-ish hair on one's head)
by MonkAndMe November 5, 2007
Get the oliage mug.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.
by Fouwlkan June 1, 2005
Get the oligopoly mug.