Quantcast
Merriam-Webster Logo
  • Dictionary
  • Thesaurus
  • Scrabble
  • Spanish Central
  • Learner's Dictionary

oligopoly

play
noun ol·i·gop·o·ly \-ˈgä-pə-lē\

Definition of oligopoly

  1. :  a market situation in which each of a few producers affects but does not control the market

oligopolist play \-list\ noun
oligopolistic play \-ˌgä-pə-ˈlis-tik\ adjective


Origin of oligopoly

olig- + -poly (as in monopoly)


First Known Use: 1895


Law Dictionary

oligopoly

play
noun ol·i·gop·o·ly \ˌä-li-ˈgä-pə-lē, ˌō-\

Legal Definition of oligopoly

plural oligopolies

  1. :  a condition in which a few sellers dominate a particular market to the detriment of competition by others





Seen and Heard

What made you want to look up oligopoly? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

tending to dismiss important matters

Get Word of the Day daily email!

WORD GAMES

Take a 3-minute break and test your skills!

alt-5746713d76276

Which of these is a synonym of nonplus?

reduce soothe perplex disapprove
Name That Thing

Test your visual vocabulary with our 10-question challenge!

TAKE THE QUIZ
SCRABBLE® Sprint

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ