oligopoly

noun

ol·​i·​gop·​o·​ly ˌä-lə-ˈgä-pə-lē How to pronounce oligopoly (audio)
ˌō-
: a market situation in which each of a few producers affects but does not control the market
oligopolist noun
oligopolistic adjective

Examples of oligopoly in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Fast forward to today, and Zillow has essentially helped create an oligopoly in U.S. real estate. Rodolfo Delgado, Forbes, 24 Oct. 2024 Supposedly temporary protections for infant industries or struggling economic sectors often become permanent, encouraging the development of monopolies or oligopolies. Shannon K. O'Neil, Foreign Affairs, 8 Dec. 2020 Without open academic research, the AI oligopoly will only further cement itself. Matteo Wong, The Atlantic, 11 Apr. 2025 These include the following: Car rental industry is an oligopoly. Peter Cohan, Forbes.com, 20 Apr. 2025 See All Example Sentences for oligopoly

Word History

Etymology

olig- + -poly (as in monopoly)

First Known Use

1895, in the meaning defined above

Time Traveler
The first known use of oligopoly was in 1895

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Cite this Entry

“Oligopoly.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/oligopoly. Accessed 16 Jun. 2025.

Legal Definition

oligopoly

noun
ol·​i·​gop·​o·​ly ˌä-li-ˈgä-pə-lē, ˌō- How to pronounce oligopoly (audio)
plural oligopolies
: a condition in which a few sellers dominate a particular market to the detriment of competition by others

More from Merriam-Webster on oligopoly

Last Updated: - Updated example sentences
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