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Oligopoly
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Oligopoly

Definition updated on November 2023

What is an Oligopoly?

An Oligopoly is a market structure characterized by a small number of firms that have significant control over an industry’s prices and output. Competition among them can be fierce but is often managed through strategic partnerships and collusion.

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Mustard Yellow
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Vintage-inspired Styles
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Merino Wool
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Velvet
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Classic Knit
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What is Open Knit in clothing?
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Chevron
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Burgundy
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Wine Red
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Maroon
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Competitive Pricing
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Core Competency
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Ecommerce
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Marché Gris
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Craigslist
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Bazaar
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3P – Third-Party Sellers
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1P – First-Party Sellers
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WS - Wholesale
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VC – Vendor Central
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