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Oligopoly
A market structure characterized by a small number of firms controlling a large portion of the market share, often leading to limited competition.
Market Shares
The segment of the market in which a particular company or product holds dominance.
Competitive Spectrum
The range of competition in a market, varying from monopolies to perfect competition.
Cartel
An agreement among competing firms to control prices or exclude entry of a new competitor in the market, often to maximize their own profits at the expense of consumers.
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