Oligopoly
Legal Definition and Related Resources of Oligopoly
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Meanings, Synonyms, Etymology, Translations and More
Meaning of Oligopoly
A term used in economics describing situations where only a few sell a given product. See Northern natural Gas. Co. v Fed. power Comm., (D.C.App.) 399 F.2d 953. Also, the term is used in the context of statutes aimed at preventing monopolies, in the sense of a large corporation or several large enterprises making successive small acquisitions and converting an intensely competitive industry into one in which t.r.e. or four large concerns produce the entire supply of goods or services. For prohibition against oligopoly see amendment to the clayton act of 1914, passed by the Congress in 1915. (15 U.S.C. §18).
International Trade Meaning and Definition of Oligopoly
A market dominated by so few sellers that action by any of them will impact both the price of the good and the competitors.
Related Entries of Oligopoly in the Lawi Project
Browse or run a search for Oligopoly in the legal resources (including dictionaries and American law definitions), the Asian legal platform, the European law platform, the British legal resources or the Latin American and Spanish platform and publications (Lawi) about law in the world.
Oligopoly in Historical Law
You might be interested in the historical meaning of this term. Browse or search for Oligopoly in historical law and the evolution of legal systems (study).
Legal Abbreviations and Acronyms
Search for legal acronyms and/or abbreviations containing Oligopoly in the Legal Abbreviations and Acronyms Dictionary.
Related Legal Terms
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Oligopoly in Law Enforcement
Main Entry: Law Enforcement in the Legal Dictionary. This section provides, in the context of Law Enforcement, a partial definition of oligopoly.
Resources
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See Also
Law Enforcement Officer
Police
Law Enforcement Agency
Further Reading
Oligopoly in the Economic Activity
An introductory concept of Oligopoly may be: the form of imperfect competition in which the market has several firms, sufficiently few that each one must take into account the reactions of rivals to what it does
Definition of Oligopoly
The Canada social science dictionary [1] provides the following meaning of Oligopoly: The situation where a small number of companies own or control the production of a particular good or provision of services within a market economy. This situation typically arises from the concentration of ownership and provides a challenge to liberal theory which claims benefit from a plurality of producers operating in a very competitive market. See: MONOPOLY in this legal dictionary and in this project about law in the world (Lawi).
Oligopoly: Resources
Notes and References
Drislane, R., & Parkinson, G. (2016). (Concept of) Oligopoly. Online dictionary of the social sciences. Open University of Canada
Hierarchical Display of Oligopoly
Business And Competition > Competition > Restriction on competition
Meaning of Oligopoly
Overview and more information about Oligopoly
For a more comprehensive understanding of Oligopoly, see in the general part of the online platform.[rtbs name="xxx-xxx"]
Resources
Professional Content and Learning Tools
Lawi offers educational solutions and professional insight, integrating content, tools, and practical technology to promote lifelong learning, personal and professional improvement, and human progress through knowledge. Our collections feature resources and solutions from a wide range of subject areas, from management and finance to law and cybersecurity. This text is only a brief introduction. If you would like us to expand on this content, please let us know in the comments. If you’re finding our platform and publications valuable, share it with a colleague or friend, leave a comment and consider subscribing if you haven’t already (thanks!). There are group discounts, gift options, and referral bonuses available.
Translation of Oligopoly
Spanish: Oligopolio
French: Oligopole
German: Oligopol
Italian: Oligopolio
Portuguese: Oligopólio
Polish: Oligopol
Thesaurus of Oligopoly
Business And Competition > Competition > Restriction on competition > Oligopoly