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.
[oligo- + (mono)poly.]
ol′i·gop′o·lis′tic (-lĭs′tĭk) adj.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
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.
ol`i•gop`o•lis′tic, adj.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
oligopoly
the market condition that exists when there are few sellers. — oligopolistic, adj.
See also: Trade-Ologies & -Isms. Copyright 2008 The Gale Group, Inc. All rights reserved.
oligopoly
The control of a market by a small number of suppliers of goods or services.
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| Noun | 1. | 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 |
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Collins Spanish Dictionary - Complete and Unabridged 8th Edition 2005 © William Collins Sons & Co. Ltd. 1971, 1988 © HarperCollins Publishers 1992, 1993, 1996, 1997, 2000, 2003, 2005