Assertion: oligopoly | /r/HasProperty | competition
Facets:
value: between those groups
type: OTHER
Source sentences:
text: It is similar to a monopoly in that the power in the industry is heavily concentrated, but there is still competition between those groups.
text: If oligopolies are competitive then prices will be lower and more allocative efficient.
text: An oligopoly is similar to a monopoly in that there is a small number of firms which have market power meaning that they can influence the price in the market and there is almost no competition.
text: An oligopoly is a market where there are more than two competitors, but no more than a handful.