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What is Oligopoly: Types, Characteristics and Examples | Analytics Steps
Oligopoly is a market situation in which only a few producers affect the market. Learn the meaning of oligopoly and its role as a market strategy.
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This video explained how firms in an oligopolistic market compete with one another and provides some real world examples of non-price competition in action! This video is part of a free online lesson that guides A-Level Economics and IB Economics students through everything they need to know about oligopoly. This online lesson also includes some great revision activities and exam-style questions. Access the online lesson here >>> https://www.tutor2u.net/economics/reference/oligopoly-online-lesso
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