Assertion: partial oligopoly | /r/UsedFor | refer to the market situation
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Source sentences:
text: The partial Oligopoly refers to the market situation, wherein one large firm dominates the market and is looked upon as a price leader.
text: Partial oligopoly refers to that market situation where the industry is dominated by one large firm (known as the leader) and the other firms (known as the followers) of the industry follow the price policy determined by their leader.