oligopolistic
/ˌɑːlɪɡoʊpəˈlɪstɪk/
adjective
- Relating to or characteristic of an oligopoly, where a market is dominated by a small number of large sellers.
- The airline industry is highly oligopolistic, with just a few carriers controlling most routes.
- Critics argue that oligopolistic behavior can reduce choices for consumers.
- Oligopolistic markets often lead to similar pricing among competitors.
Antonyms