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oligopoly

Syllabification: (ol·i·gop·o·ly)
Pronunciation: /ˌäliˈgäpəlē/

Definition of oligopoly

noun (plural oligopolies)

  • a state of limited competition, in which a market is shared by a small number of producers or sellers.

Derivatives

oligopolist

Pronunciation: /-list/

noun

oligopolistic


adjective

Origin:

late 19th century: from oligo- 'small number', on the pattern of monopoly

oligopoly in other Oxford dictionaries

Definition of oligopoly in the British & World English dictionary