释义 |
Definition of oligopoly in English: oligopolynounPlural oligopolies ˌɒlɪˈɡɒp(ə)liˌɑləˈɡɑpəli A state of limited competition, in which a market is shared by a small number of producers or sellers. Example sentencesExamples - For the rest of the farming community, the future is precarious, with economic independence destroyed by market oligopolies, and by the decline in flexibility and choice which this entails.
- Meanwhile, liberalization raised competitive intensity across the globe by eliminating existing barriers to the movement of goods and money across borders that protected the market power of national oligopolies.
- But without the proper rules, healthy capitalist markets turn into sluggish oligopolies, and that is what's happening in media today.
- Anyone who knows anything about neoclassical microeconomics knows that consumers are at the mercy of privately-owned monopolies and oligopolies due to the lack of competition.
- With limited competition, or oligopolies, the various players within a particular industry will most likely have different cost structures.
- An oligopoly market is dominated by a small number of sellers who provide a large share of the total market output.
- In both nations, the backbone service market is an oligopoly with dominant incumbents, so we rate them even.
- Mr Mosho said that commercial banks might be colluding making the market into an oligopoly with little benefit to the consumers.
- By selling them, the government will be establishing essentially unregulated privately owned monopolies and oligopolies; and there are few things worse, economically speaking, than such beasts.
- That has made it easy for monopolies and oligopolies.
- This would be a direct challenge to the market power of established oligopolies.
- Industry consolidation and a trend toward market oligopoly have also marked the evolutionary paths of numerous other industries.
- Market concentration is economic power based on the level of monopoly or oligopoly that Chaebol affiliates hold in the markets of their respective areas of business.
- The oligopoly concentrated on marketing and increasing engine power in the postwar decades, choking off European innovations like front-wheel drive, radial tires, and disk brakes.
- The most profound change to occur in the television industry in the 1980s and 1990s was the rise of competition to the network oligopoly from cable programmers.
- What drives our economy to switch from a period of innovation to oligopolies and lock ins?
- Google currently has the luxury of being inefficient because of its enviable position as the most powerful member of an oligopoly controlling an exploding market.
- The company's five biggest competitors had already signed up, but this firm - the sixth company in the industry oligopoly - was resisting the opportunity.
- Theoretically, Weber's method may hold for the market structures of full competition and monopoly, but in oligopolies, or competition among the few, at least a much more complicated concept of rationality seems to be warranted.
- ManufacturingCo competes in internationalised oligopolies in its core power systems businesses.
Derivatives noun ˌɒlɪˈɡɒpəlɪstˌɑləˈɡɑpələst We derive corrective tax rules when firms are oligopolists whose production processes generate emissions that add to a stock of pollution that accumulates over time. Example sentencesExamples - A branch of game theory deals with the ‘Prisoner's Dilemma’ which can be related to the behaviour of two competing oligopolists.
- Price wars between oligopolists can be very expensive to participants, so there is a tendency to find alternative ways to compete for customers, such as free gifts, coupons, added value offers, and sponsorship activities.
- 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.
- But the oligopolists of culture are running out of alternatives.
- Canada's distilling industry achieved concentration within the industry through horizontal integration or numerous mergers which created large conglomerates where oligopolist firms dominated.
- The flourishing real economy that produces goods and services for human needs, and the earnings of the productive capital further enlarged the huge profits of the oligopolists.
- The legal confrontation will pit a small group of powerful, technophobic oligopolists against a hip, youthful army of digital sophisticates - who are the very heart of the companies' consumer base.
- The transformation of Electricité de France and its sister company Gaz de France from state-owned monopolists to state-controlled oligopolists is at last under way.
- Explicit pricing agreements are illegal, so oligopolists must depend on tacit understandings to maintain pricing discipline.
- She finally ruled in February 2001, but not after questioning out loud whether the oligopolists had a right to maintain their traditional cartel into the distribution of online music, too.
- So, to the extent you're worried about oligopolists increasing prices, bigness isn't the problem - ownership of ‘competing’ brands is the problem.
- Having just been rebuffed by the Senate Judiciary Committee on the Induce Act, the entertainment oligopolists now demand that the Supreme Court rewrite the Copyright Act for them.
- The oligopolists themselves will almost inevitably have different cost levels; they may be producing differentiated goods and will usually command at least some consumer loyalty; and their market shares will not be equal.
- What other ways can an oligopolist legally and ethically be aware of its competitors?
- If an oligopolist decreases his price even slightly, competitors are likely to do the same in order to avoid losing business (customers are likely to be highly attracted to the new lower price).
- One oligopolist can move markets in the short run but usually pays a heavy financial price in the longer run.
- Monopolist Microsoft and oligopolist General Electric - the co-owners of MSNBC - took their highest rated show off the air and sent the talk show host away on February 25, 2003.
- Oligopolists increase price by distorting output decisions, causing cross-firm production inefficiencies.
- We show that there exists a time-independent tax rule that guides polluting oligopolists to achieve the socially optimum production path.
adjective ˌɒlɪɡɒp(ə)ˈlɪstɪk Like all cartels, the IMF uses its oligopolistic power to pursue political objectives. Example sentencesExamples - The United States pioneered the large, monopolistic or oligopolistic firm in the late 19th century.
- If the media owners have skated by for years based on their oligopolistic control of the distribution function, then so have the practitioners of journalism.
- The market imperfections model offers a varied approach which explains the firm's motives for engaging in international business activities under monopolistic and oligopolistic market structures.
- Her account begins with the sole proprietorships and partnerships common in 1800 and concludes with the large oligopolistic corporations that emerged at the end of the century.
- Furthermore, the sources of the messages that occupy this portion of Americans' life activity are increasingly oligopolistic media corporations.
- In the United Kingdom the OFT and MMC have often considered excessive pricing arising out of oligopolistic market structures.
- Did you know that ‘markets tend to oligopolistic outcomes’?
- In light of the sensitivity of the support for H3c to the choice of model, another point of concern is the possibility that we are capturing an oligopolistic reaction effect rather than trait-based imitation.
- Register a complaint with the Federal Trade Commission, Bureau of Competition, and with the Washington State Attorney General about the oligopolistic supermarket ownership distribution in Seattle.
- In order to maintain a global competitive alliance with its rival firms in the globally oligopolistic industry, SCC had to capture a strategic position in this region.
- Who knows, it might even mean lower prices for consumers and a reduction in profits for the existing oligopolistic operators.
- In essence, competition policy is about encouraging competition among firms and battling monopolistic or oligopolistic practices, or those which privilege national producers over those in other EU member states.
- There is a scarcity or oligopolistic premium [on leading technology stocks], which sometimes pushes valuations to dizzying levels.
- But firms in oligopolistic industries will often be able to avoid tough competition without colluding; equilibrium market performance in oligopoly may be much the same with or without collusion.
- These distributors exact massive, and in many areas oligopolistic, profits from wineries as a price for distributing their products to retail stores - and in some cases, refuse to distribute wine from smaller wineries at all.
- Added to the domestic trends was the fourfold increase in the price of oil that resulted from the exercise of oligopolistic power by the Organisation of Petroleum Exporting Countries.
- Because information technology is highly advanced, it is susceptible to monopolistic or oligopolistic control.
- Open price competition may be limited, although price wars do break out periodically in some oligopolistic markets.
- Markets are most likely to be oligopolistic where economies of scale are significant, for example oligopoly is typical of oil refining and distribution, pharmaceuticals, car manufacturing, and detergents.
Origin Late 19th century: from oligo- 'small number', on the pattern of monopoly. Definition of oligopoly in US English: oligopolynounˌäləˈɡäpəlēˌɑləˈɡɑpəli A state of limited competition, in which a market is shared by a small number of producers or sellers. Example sentencesExamples - The most profound change to occur in the television industry in the 1980s and 1990s was the rise of competition to the network oligopoly from cable programmers.
- That has made it easy for monopolies and oligopolies.
- Mr Mosho said that commercial banks might be colluding making the market into an oligopoly with little benefit to the consumers.
- ManufacturingCo competes in internationalised oligopolies in its core power systems businesses.
- An oligopoly market is dominated by a small number of sellers who provide a large share of the total market output.
- Anyone who knows anything about neoclassical microeconomics knows that consumers are at the mercy of privately-owned monopolies and oligopolies due to the lack of competition.
- This would be a direct challenge to the market power of established oligopolies.
- Industry consolidation and a trend toward market oligopoly have also marked the evolutionary paths of numerous other industries.
- Google currently has the luxury of being inefficient because of its enviable position as the most powerful member of an oligopoly controlling an exploding market.
- In both nations, the backbone service market is an oligopoly with dominant incumbents, so we rate them even.
- The company's five biggest competitors had already signed up, but this firm - the sixth company in the industry oligopoly - was resisting the opportunity.
- What drives our economy to switch from a period of innovation to oligopolies and lock ins?
- Theoretically, Weber's method may hold for the market structures of full competition and monopoly, but in oligopolies, or competition among the few, at least a much more complicated concept of rationality seems to be warranted.
- With limited competition, or oligopolies, the various players within a particular industry will most likely have different cost structures.
- For the rest of the farming community, the future is precarious, with economic independence destroyed by market oligopolies, and by the decline in flexibility and choice which this entails.
- But without the proper rules, healthy capitalist markets turn into sluggish oligopolies, and that is what's happening in media today.
- Market concentration is economic power based on the level of monopoly or oligopoly that Chaebol affiliates hold in the markets of their respective areas of business.
- The oligopoly concentrated on marketing and increasing engine power in the postwar decades, choking off European innovations like front-wheel drive, radial tires, and disk brakes.
- By selling them, the government will be establishing essentially unregulated privately owned monopolies and oligopolies; and there are few things worse, economically speaking, than such beasts.
- Meanwhile, liberalization raised competitive intensity across the globe by eliminating existing barriers to the movement of goods and money across borders that protected the market power of national oligopolies.
Origin Late 19th century: from oligo- ‘small number’, on the pattern of monopoly. |