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.
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.
[1890–95; oligo- + (mono) poly]
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.
Dictionary of Unfamiliar Words by Diagram Group Copyright © 2008 by Diagram Visual Information Limited
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
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
Translations

oligopoly

[ˌɒlɪˈgɒpəlɪ] Noligopolio m
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
References in periodicals archive ?
The new tech trends and innovations have opened the industry up, giving ITRI's alliance a chance at breaking the oligopoly, Chiueh believes.
* Nick Arnosti, Columbia University, and Matt Weinberg, The Ohio State University, "Bitcoin: A Natural Oligopoly"
RETAIL supremo and former Marks & Spencer boss Lord Stuart Rose has called into question Mike Ashley's plans for an "oligopoly" of the UK high street after the Sports Direct chief's latest attempt to seize control of Debenhams.
One argument against oligopoly is that even in a capitalist system, it gives the consumer less power over the corporations.
Government officials refute this saying card fees have a public nature and take the form of an oligopoly, and thus it is inevitable for an administrative intervention to take place.
Internet Oligopoly: The Corporate Takeover of our Digital World
Firm conduct for economic rents will be those executable strategies to best compete within a given industry structure, so oligopoly firms will use collusion within a clear value chain, for example the metal mining industry (Spar, 1994).
We examine an emission tax in an oligopoly equilibrium with strategic delegation, where N symmetric firms face an inverse demand function f(Q) and emit pollution.
The world has lived with the accounting oligopoly for decades; audit quality is the more pressing problem to solve.
Samsung (SSNLF), SK Hynix and Micron have gained a total market share of 96% in 1Q18, reflecting the current oligopoly in DRAM market compared with the markets of other semiconductor components.
Although wireless telephony is already an oligopoly, with the top four carriers taking more than 95% market share, in many ways the industry behaves like anything but.
Global Banking News-April 11, 2018--Australia's competition watchdog to review banking oligopoly