oligopoly

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[edit] English

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[edit] Etymology

Derived, by analogy with monopoly, from the Greek ὀλίγοι (oligoi, few) + πωλειν (polein, to sell).

[edit] Pronunciation

  • (UK) IPA: /ˈɒl.ɪˌɡɒp.ɪ.li/

[edit] Noun

oligopoly (plural oligopolies)

  1. An economic condition in which a small number of sellers exert control over the market of a commodity.

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