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The Epic Interactive Encyclopedia 1998
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Epic Interactive Encyclopedia, The - 1998 Edition (1998)(Epic Marketing).iso
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Oligopoly
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INFOTEXT
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1992-09-01
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207b
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In economics, a situation in which a few
companies control the major part of a
particular market and concert their actions
to perpetuate such control. This may include
an agreement to fix prices (a cartel).