oligopoly

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ol·i·gop·o·ly

 (ŏl′ĭ-gŏp′ə-lē, ō′lĭ-)
n. pl. ol·i·gop·o·lies
A market condition in which sellers are so few that the actions of any one of them will materially affect price and have a measurable impact on competitors.


ol′i·gop′o·lis′tic (-lĭs′tĭk) adj.

oligopoly

(ˌɒlɪˈɡɒpəlɪ)
n, pl -lies
(Economics) 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
[C20: from oligo- + Greek pōlein to sell, on the model of monopoly]
ˌoliˌgopoˈlistic adj

ol•i•gop•o•ly

(ˌɒl ɪˈgɒp ə li)

n., pl. -lies.
a market situation in which prices and other factors are controlled by a few sellers.
[1890–95; oligo- + (mono) poly]
ol`i•gop`o•lis′tic, adj.

oligopoly

the market condition that exists when there are few sellers. — oligopolistic, adj.
See also: Trade

oligopoly

The control of a market by a small number of suppliers of goods or services.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.oligopoly - (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
market, marketplace, market place - the world of commercial activity where goods and services are bought and sold; "without competition there would be no market"; "they were driven from the marketplace"
economic science, economics, political economy - the branch of social science that deals with the production and distribution and consumption of goods and services and their management
Translations

oligopoly

[ˌɒlɪˈgɒpəlɪ] Noligopolio m
References in periodicals archive ?
* More marketplace competition must be a companion to additional PBM transparency, as transparency alone will not address the increasingly oligopolistic nature of the pharmaceutical marketplace;
Nonetheless, client concentration remains on the higher side given the oligopolistic nature of industry.
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Oligopolistic -- Yet Innovative Inversion Tables Market The global inversion table market is highly concentrated where established players have a firm hold on their shares.
This will not come from creating oligopolistic "champions" - too often the desire behind calls for industrial policy.
But what we should realise is that this business is oligopolistic. Very few airlines fiercely compete for a break-even seat-factor.
The other big force undermining the reunification of Cyprus stems from monopolistic and oligopolistic interests which derive super profits because of their privileged position in the market.
an oligopolistic upstream market and a competitive upstream market, in order to derive a comprehensive understanding of Turkey's role in the SGC.
Like Gatchalian's regulatory concerns over the SPSB franchise, this being a new kind of technology and there being existing electric cooperatives and other private power distributors already, serving their respective power franchise areas, granting SPSB a congressional franchise would not only lead to industry chaos, but it could also result in the creation of a monopolistic and/or oligopolistic power industry in the country.
Meanwhile, Indonesian Consumers Foundation chairman Tulus Abadi said INACA's press conference, during which it stated that airlines would reduce their fares, could raise suspicion of oligopolistic or cartel practices, as the airlines seem to have agreed on increasing and decreasing the ticket prices at the same time.
The Philippine Competition Commission (PCC) will add five manufacturing sectors - logistics supply chain, corn milling and trading, refined petroleum manufacturing and trading, sugar, and pesticides - in its priority list for competition analysis and enforcement in 2019 in its effort to break oligopolistic market structures, further improve consumer welfare and ensure fairer distribution of incomes and opportunities.
While the $25 billion valuation placed on the scientific publishing sector paints a picture of a healthy, vibrant industry, it really only masks the internal issues plaguing this highly oligopolistic space, in which the top five publishers account for 50 to 70 per cent of all publications.