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Meaning of oligopolize | Babel Free

Verb CEFR C1

Definitions

To convert a market into an oligopoly.

transitive

Examples

“Also, another reason to oligopolize is uncertainity^([sic]) of world economy because of value of the US high dollar.”
“Japanese trading companies and large seafood companies responded with attempts to monopolize or oligopolize import and sales routes.”
“It is, of course, possible for an enterprising body to highly diversify its business into various industries and concurrently to oligopolize some of the industries, but it is rather rare.”

CEFR level

C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.

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