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
WordReference Random House Unabridged Dictionary of American English © 2025
ol•i•gop•o•ly
(ol′i gop′ə lē),USA pronunciation n.
ol•i•gop•o•lis•tic
(ol′i gop′ə lis′tik),USA pronunciation adj.
- Businessthe market condition that exists when there are few sellers, as a result of which they can greatly influence price and other market factors. Cf. duopoly, monopoly (def. 1).
- 1890–95; oligo- + (mono)poly
Collins Concise English Dictionary © HarperCollins Publishers::
du•op•o•ly
(do̅o̅ op′ə lē, dyo̅o̅-),USA pronunciation n., pl. -lies.
- Businessthe market condition that exists when there are only two sellers. Cf. monopoly (def. 1), oligopoly.
- duo- + (mono)poly 1915–20
'oligopoly' also found in these entries (note: many are not synonyms or translations):