Origin of oligopoly
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
- 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
Word Origin and History for oligopolistic
Online Etymology Dictionary, © 2010 Douglas Harper
Control over the production and sale of a product or service by a few companies.
The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.