The question reference the incidence of oligarchs. Oligarchs are essentially king-pins which can singularly dominate entire industries and economies. Oligarchy is often used to describe the economic takeovers by a handful of men of Russia in the early 1990s to the present. An example of Oligopoly was Russia's Gazprom under Mikhail Khodorkhovsky. Individual oligarchs include Roman Abramovich, Alisher Usmanov, and the exiled Vladimir Gusinsky and Boris Berezovsky.
An example of an oligopoly is the film industry. Another example is the automobile industry. Oligopolies are comprised of businesses that offer the same products and services in a market which has a small number of sellers.
The movie industry; there are basically only 6 major movie studios. The same is true of TV, cell phone companies, music companies, etc.
It's call Market Structure ,when 3 or more companies come together but a few really dominate more .
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Oligopoly? Petrol companies.
nokia
indian railways
yes it is
oligopoly
oligopoly
Oligopoly!
http://www.answers.com/library/Investment%20Dictionary-cid-57121 Oligopoly A situation in which a particular market is controlled by a small group of firms.An oligopoly is much like a monopoly, in which only one company exerts control over most of a market. In an oligopoly, there are at least two firms controlling the market.Investopedia Says:The retail gas market is a good example of an oligopoly because a small number of firms control a large majority of the market.
Oligopoly
Oligopolistic
Online auctioning is an example of Pure Competition. Here are some examples of the others: Monopoly - Sewer Service Monopolistic Competition - Video Rental Oligopoly - Digital Cameras
in oligopoly what is the nature of price elasticity