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Meaning of collusive oligopoly

 

 

 

Collusive oligopoly

 

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Business glossary

 

Meaning of term collusive oligopoly :

 

Oligopoly is a market structure where there are a small number of large firms in a market who have a significant market share between them. Collusive oligopoly is when these firms act together to restrict price or output.

 

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Collusive oligopoly

 

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