SAGE Reference - Encyclopedia of Social Problems

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Oligopoly

In: Encyclopedia of Social Problems
Edited by: Vincent N. Parrillo
Subject:Social Policy (general)

The term oligopoly designates a market form in which a few sellers dominate the market sector. This creates disequilibrium in the market, affecting both its efficiency and the entire society.

In an ideal free-market economy, firms operate in perfect competition, ...

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  Parrillo, V. N. (2008). Oligopoly. In Encyclopedia of social problems (Vol. 1, pp. 638-638). SAGE Publications, Inc., https://dx.doi.org/10.4135/9781412963930.n382
  
  Parrillo, Vincent N. "Oligopoly." In Encyclopedia of Social Problems, edited by Parrillo, Vincent N., 638-638. Thousand Oaks, CA: SAGE Publications, Inc., 2008. https://dx.doi.org/10.4135/9781412963930.n382.
  
  Parrillo, V. N. 2008. Oligopoly. In: Vincent N. Parrillo Editor, 2008. Encyclopedia of Social Problems, Thousand Oaks, CA: SAGE Publications, Inc. pp. 638 Available at: <https://dx.doi.org/10.4135/9781412963930.n382> [Accessed 30 Jun 2022].
  
  Parrillo, Vincent N. "Oligopoly." Encyclopedia of Social Problems. Edited by Vol. 1. Thousand Oaks: SAGE Publications, Inc., 2008, pp. 638-638. SAGE Knowledge. 30 Jun 2022, doi: https://dx.doi.org/10.4135/9781412963930.n382.
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