Oligopoly
From Mises Wiki, the global repository of classical-liberal thought
Oligopoly means literally 'few sellers'; a market situation in which a few individuals or business organizations own or control the total supply of a given commodity or service. An oligopolist is one of the few who own or control such a total supply.[1]
References
- ↑ Percy L. Greaves, Jr. "Mises Made Easier ", 1974. Referenced 2014-08-18.