Translation of oligopoly (English-English)

Direct link to this page:
http://www.mijnwoordenboek.nl/EN/definition/oligopoly

Translating from English to English on MijnWoordenboek shows the definition of a word.
Dutch translation of oligopoly
French translation of oligopoly
German translation of oligopoly
Spanish translation of oligopoly

oligopoly: A market structure with few sellers, who realise their interdependence in taking strategic decisions, for instance, on price, output and quality. In an oligopoly, each firm is aware that its market behaviour will distinctly affect the other sellers and their market behaviour. As a result, each firm will take the possible reactions from the other players expressly into account. In competition cases, the term is often also used for situations where a few big sellers jointly dominate the competitive structure and a fringe of smaller sellers adapt to their behaviour. The big sellers are then referred to as the oligopolists. In certain circumstances this situation may be considered as one of collective (also joint or oligopolistic) dominance.
Category: The European Communities

oligopoly: a market situation in which control over the supply of a commodity is held by a small number of producers each of whom is able to influence prices and thus directly affect the position of competitors
Category: Automation (includes telecommunications and computers)

oligopoly: a departure from perfect competition in which there are only a few producers of a good or service
Category: Commerce - movement of goods

Please see: encyclo.co.uk for more definitions

Translate again

What is Mijnwoordenboek?

Pronounce: mine-worden-book, meaning `My dictionary`. Mijnwoordenboek is a free translation dictionary where you can translate words to and from English, German, Spanish, French and Dutch. In addition to the translations you can also conjugate verbs, check your spelling, find synonyms and find rhyme words.

Statistics

Our translation database currently contains about 19,000,000 words, 2,000,000 synonyms and about 200.000 verbs in 5 languages.

Translate

Language portals

Entertainment

Synonyms

Verbs

Varia

Spelling

This website

Translate again

What is Mijnwoordenboek?

Statistics

Translate

Spelling (EN)

Conjugate

Synonyms (EN)

Encyclo (EN)