oligopoly

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

Definition of oligopoly

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

oligopolist

play \ˌä-lə-ˈgä-pə-list, ˌō-\ noun

oligopolistic

play \ˌä-lə-ˌgä-pə-ˈli-stik, ˌō-\ adjective

Recent Examples of oligopoly from the Web

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'oligopoly'. Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

Origin and Etymology 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


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