"Noted example of oligopoly in brief" NYT crossword answer is:
OPEC (4 letters length)The answer for "Noted example of oligopoly in brief" crossword clue is listed above to help you solve the puzzle you are currently working on.
The New York Times crossword clue for October 11, 2023 is "Noted example of oligopoly." An oligopoly is a market structure in which a small number of firms dominate the industry. Examples of oligopolies include the airline industry, the telecommunications industry, and the automotive industry. In these industries, a few large firms control the majority of the market share, making it difficult for smaller firms to compete. This type of market structure can lead to higher prices and reduced competition.
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