Meaning of oligopoly in English

Table of contents
  1. Pronunciation
  2. Noun
    1. Etymology
    2. Definitions

  1. Pronunciation

    /ˌɑləˈɡɑpəli/

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  1. Noun

    oligopoly

    Etymology

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

    Definitions

    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

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