Oligopoly(noun)
A market structure in which a few large sellers control or dominate the market.
Hindi meaning:अल्पाधिकार
Synonyms: Cartel, Duopoly, Concentration, Dominance
Antonyms: Competition, Monopoly-free market, Open market, Perfect competition
Example: The telecom industry in many countries works like an oligopoly, with only a few major companies controlling prices and services.
Trick to remember: Oligopoly ko yaad karo as only a little group of companies holding full market ki policy.
Learn it with 19 more words: Daily Vocabulary – 1 April 2026 →
