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Word entry · 9 letters

oligopoly

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9 lettersPronunciation /ɒlɪˈɡɒpəli/Part of speech nounSorted gillooopyStarts with OEnds with Y0 cluesCommon crossword word
1O2L3I4G5O6P7O8L9Y

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Definitions

  1. A market controlled by a small number of sellers or producers.

Word origin

From oligo- (prefix meaning ‘few; several’) + -poly (suffix meaning ‘pertaining to the number of sellers in a market’), by analogy with monopoly.

Used in a sentence

  • Because of the ease of collusion, particularly price fixing, duopolies and oligopolies easily produce outcomes as bad for the general public as outright monopolies.
  • For the sheep are falling into few and powerful hands; and these, if they have not a monopoly, have at least an oligopoly, and can keep up the price.
  • [Thomas] More makes an antithesis between monopolium and oligopolium. We have ‘monopoly,’ but not ‘oligopoly’ (the sale by a few), and so cannot preserve the point of the sentence.

Source: Wiktionary, CC BY-SA 4.0

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