Assertion: oligopoly | /r/SimilarTo | monopoly
Facets:
value: except overpower the market
type: OTHER
value: in the sense
type: OTHER
Source sentences:
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: Oligopoly is actually somewhat similar monopoly, in that it describes a market structure lacking genuinely open competition.
text: Oligopoly is similar to monopoly in the sense that instead of just a single player dominating an industry, there are few players who collude to dominate the market.
text: An oligopoly is similar to a monopoly in that they both have very little or no competition and result in an inefficient market.
text: An oligopoly is similar to a monopoly, but in a monopoly, a single company or group owns all or nearly all of the market for a given type of product or service.
text: An oligopoly is similar to a monopoly except that rather than single firm, two or more firms overpower the market.
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.