This document provides an overview of oligopoly market structure. Key points include: - Oligopoly is characterized by a small number of large, dominant sellers that are interdependent in their decision making. - Firms monitor each other's actions closely and reactions can trigger countermoves, like aggressive advertising campaigns. - Entry into the market is difficult due to barriers like economies of scale, control of inputs, and high capital requirements. - There is no single pattern of pricing behavior - firms may cooperate tacitly or engage in price wars, leading to price rigidity. - The demand curve is indeterminate due to uncertainty around competitors' reactions to price changes.