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DamnInteresting 21 hours ago

When it's more than one company working together in a monopoly-like fashion, the term is "oligopoly".

https://www.merriam-webster.com/dictionary/oligopoly

vee-kay 21 hours ago | parent [-]

There is another word for it: cartel.

e.g., the Phoebus cartel https://en.wikipedia.org/wiki/Phoebus_cartel