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oligopoly |
Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia, Hutchinson | 0.01 sec. |
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While the Commission has pushed market liberalization relentlessly in order to promote corporate competitiveness, many markets, for instance energy, have become more oligopolistic in the course of that process. The BOT was reluctant to transform the oligopolistic structure of the banking sector, and thus adopted an uneven approach to functional de-segmentation that favoured private financiers and allowed banks to seek quick profits by bringing in short-term external funds through an offshore banking facility. Because information technology is highly advanced, it is susceptible to monopolistic or oligopolistic control. |
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