A market where there are only a few sellers is known as:

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An oligopolistic market is characterized by few sellers who dominate the market and have a significant influence on pricing and other market conditions. This is different from a perfectly competitive market where there are many small firms with no market power, monopolistically competitive markets where there are many firms with differentiated products, or monopolistic markets where there is only one seller with complete market power. Cartelized markets refer to collusion among sellers to coordinate pricing and output, but this is not necessarily the case in all oligopolistic markets.

A Market Where There Are Only a Few Sellers Is