21 ms·
The word you are looking for is “oligopoly”. This is when a small set of firms has a monopoly on something.
by cwt137 4y ago
The word you are looking for is “oligopoly”. This is when a small set of firms has a monopoly on something.
- 37 4y agoThat's a good word, but if I were to be honest, I think a better word might be "cartel" ....I looked up oligopoly and it seems like it implies no collusion..... However, when I think about the large telecoms, I feel like they are colluding with (each other, surely, but also) the government.
- RandyRanderson 4y agoInvestopedia were pretty sure they were: https://web.archive.org/web/20171230012928/https://www.investopedia.com/terms/o/oligopoly.asp https://web.archive.org/web/20171230012928/https://www.inves...