timocracy, oligarchy, outrival

((pl. -cies)) 금권 정치; 명예 지상 정치(timocracy)

1. a political unit or system in which possession of property serves as the first requirement for participation in government
2. a political unit or system in which love of honour is deemed the guiding principle of government

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oligarchy 

[U] 과두제, 과두 정부

2.[C+sing./pl. v.] 과두제 집권층

3.[C] 과두제 국가

a ​government in which ​power is ​held by a ​small​group of ​people

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 Korean cellular phones outrival Japanese ones. 

한국 휴대폰이 일본 제품을 압도하고 있다.