Translation glossary: Bus/Financial

oligopolistic market (or oligopoly) 
A market with a small number of sellers competing among themselves. 
http://highered.mcgraw-hill.com/sites/0072394668/student_view0/chapter15/glossary.html

Oligopoly: An oligopoly exists when a few companies dominate an industry. This concentration often leads to collusion among manufacturers, so that prices are set by agreement rather than by the operation of the supply and demand mechanism. For an oligopoly to exist, the few companies do not need to control all the production or sale of a particular commodity or service. They only need to control a significant share of the total production or sales. As in a monopoly, an oligopoly can persist only if there are significant barriers to entry to new competitors. Obviously, the presence of relatively few firms in an industry does not negate the existence of competition. The existing few firms may still act independently even while they collude on prices. In an oligopolistic market, competition often takes the form of increased spending on marketing and advertising to win brand loyalty rather than on reducing prices or increasing the quality of products.

Oligopoly Theory: A theory proposed to explain the genesis of multinational investments. The theory argues that firms are prompted to move abroad by their desire to exploit the market power they possess through control over such factors as unique products, marketing expertise, control of technology and managerial skills, or access to capital. The oligopolistic competition for global market shares makes firms match each other's moves in entering new foreign markets.
http://www.indiana.edu/~ipe/glossry.html

persönliche Entgeltpunkte

personal earnings points, PEP

German to English