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An Oligopoly is the act of participating in a monopoly with multiple companies. Behind closed doors the companies will usually agree not to compete with each other in certain regions of a country, state, or city. This can lead to the severe spike in prices without the need for compensation due to competition. This act, while royally fucking a consumer, can provide access to a previously illegal business practice with zero negative repercussions and an immunity to any legal action being taken against the companies in question.
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