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Definitions for Oligopoly

[1] the market condition that exists when there are few sellers, as a result of which they can greatly influence price and other market factors. Compare duopoly, monopoly(def 1) .
[2] economics a market situation in which control over the supply of a commodity is held by a small number of producers each of whom is able to influence prices and thus directly affect the position of competitors

Words related to Oligopoly

patent, trust, cartel, holding, ownership, syndicate, proprietorship, corner, pool, copyright, consortium, possessorship

Words nearby Oligopoly

oligonucleotide, oligopeptide, oligophagous, oligophrenia, oligopnea, oligopoly, oligopsony, oligoptyalism, oligoria, oligosaccharide, oligospermia

Origin of Oligopoly

First recorded in 1890–95; oligo- + (mono)poly

Other words from Oligopoly

ol·i·gop·o·lis·tic [ol-i-gop-uh -lis -tik] /ˌɒl ɪˌgɒp əˈlɪs tɪk/ , adjective

Word origin for Oligopoly

C20: from oligo- + Greek pōlein to sell, on the model of monopoly

Synonyms for Oligopoly

cartel, holding, ownership, patent, trust, consortium, copyright, corner, pool, proprietorship, syndicate, possessorship