寡头垄断 gua3 tou2 long3 duan4

oligopoly

Traditional: 寡頭壟斷

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gua3

tou2

long3

duan4

📖 Additional Information

English Phonetic: .ɒli'gɒpәli
Detailed Definition: n. (economics) a market in which control over the supply of a commodity is in the hands of a small number of producers and each one can influence prices and affect competitors