1.
oligopoly; market domination by a small number of firms
An economic condition in which a market is controlled by a small number of companies or sellers. A key concept in economics and competition law.
Compound of 寡 ('few') and 占 ('occupy; monopolize'). Literally 'occupation by few,' which neatly captures the concept of oligopoly. An important term in economics education and business news.
Usage
Frequently appears in economic analysis, news articles about market concentration, and competition law discussions. The term contrasts with 独占 ('monopoly,' domination by one) and 完全競争 ('perfect competition,' many sellers). Most real-world markets fall somewhere between 寡占 and 完全競争.
Common collocations
- 寡占市場: oligopolistic market
- 寡占状態: oligopolistic conditions
- 寡占体制: oligopolistic structure
- 寡占が進む: oligopoly advances
- 寡占を崩す: to break up an oligopoly
Similar words
Related Words
Compare:
独占 (monopoly)
Homophone:
下線 (underline)
Homophone:
河川 (river)
Compare:
専売 (monopoly)