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oligopoly

oli·go·poly

UK/ɒlɪˈɡɒpəli/ US/ɒlɪˈɡɒpli/ uncommon

noun

1.

(economics) a market in which control over the supply of a commodity is in the hands of a small number of producers and each one can influence prices and affect competitors

Origin

PIE word *h₃ligos From oligo- (prefix meaning ‘few; several’) + -poly (suffix meaning ‘pertaining to the number of sellers in a market’), by analogy with monopoly.

Related words

Broader terms

WordNet 2.1 (Princeton University). Wiktionary (CC BY-SA). CMU Pronouncing Dictionary. WordNet 2.1 Copyright Princeton University. All rights reserved. Wiktionary content is available under the Creative Commons Attribution-ShareAlike Licence.