What is another word for oligopolies?
Pronunciation: [ˌɒlɪɡˈɒpəlɪz] (IPA) 
Oligopolies are a type of market where a few large corporations control the production and sale of goods and services. Synonyms for oligopolies include duopolies, triopoly, and quadropoly, which refer to markets with two, three, and four dominant firms respectively. Other synonyms include cartel, trust, syndicate, and monopoly. Cartels are groups of businesses that work together to control production and prices, while trusts are similar but typically involve a single corporation that controls multiple companies. Syndicates refer to a group of individuals or businesses that work together to achieve a specific goal. Monopolies are similar to oligopolies, but they involve a single company controlling the entire market.
