oligopoly
🇺🇸
/ˌɑːlɪˈɡɑːpəli/
🇬🇧
/ˌɒlɪˈɡɒpəli/
A situation where a small number of companies control a market.
The telecommunications industry is an oligopoly, with just a few major players dominating the market.
電信產業是一個寡頭壟斷,只有幾個主要參與者主導市場。