oligopoly
ol·i·gop·o·ly
noun \-ˈgä-pə-lē\Definition of OLIGOPOLY
: a market situation in which each of a few producers affects but does not control the market
— ol·i·gop·o·list \-list\ noun
— ol·i·gop·o·lis·tic \-ˌgä-pə-ˈlis-tik\ adjective
Origin of OLIGOPOLY
olig- + -poly (as in monopoly)
First Known Use: 1895
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