noun, noun or participle which takes 'suru', transitive verb
oligopoly; market control by a few firms
Economics term for a market dominated by a small number of sellers. Can also be used as a suru-verb meaning 'to oligopolize' or 'to control a market as a small group'.
日本の携帯電話市場は寡占状態にある。
The Japanese mobile phone market is in a state of oligopoly.
大手三社が市場を寡占している。
The three major companies oligopolize the market.