SavageEagle
Grandmaster
- Apr 27, 2008
- 19,568
- 38
That term fits as well, the difference being is elections (for now). My point of using the word Oligopoly, is rooted in the current federal government and its current and strong commercial ties of the national economy, with intrusive regulation and/or near complete nationalization of such commerce as the automotive (10%), health care (20%), and banking (25%) industries.
Well, you gave me a new word to look up! Oligopoly.... Kinda a fun word to say....
After looking up the definition, I'd have to say, the Oil/Gas Industry has had this for the last 30 or more years. Probably more like 60-70.