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Merriam-Webster Logo Merriam-Webster Logo SINCE 1828 Merriam-Webster Logo Search Icon GAMES & QUIZZES THESAURUS WORD OF THE DAY FEATURES SHOP Buying Guide link icon M-W Books link icon JOIN MWU * Up Down Merriam-Webster Logo MY WORDSMY WORDS Recents Icon RECENTS settings log out * LOG IN * REGISTER Search Bar Submit Icon Clear Search Icon Search Icon dictionary thesaurus Merriam-Webster Logo Log in Sign Up Hello, Games & Quizzes Thesaurus Word of the Day Features Buying Guide link icon M-W Books link icon Join MWU * Word List Icon My WordsMy Words * Recents Icon View Recents * Account Icon Account Log Out Mobile Menu Close Icon OLIGOPOLY noun Save Word To save this word, you'll need to log in. Log In ol· i· gop· o· ly | \ ˌä-lə-ˈgä-pə-lē How to pronounce oligopoly (audio) , ˌō- \ DEFINITION OF OLIGOPOLY : a market situation in which each of a few producers affects but does not control the market Other Words from oligopoly Example Sentences Learn More About oligopoly OTHER WORDS FROM OLIGOPOLY oligopolist \ ˌä- lə- ˈgä- pə- list How to pronounce oligopoly (audio) , ˌō- \ noun oligopolistic \ ˌä- lə- ˌgä- pə- ˈli- stik How to pronounce oligopoly (audio) , ˌō- \ adjective EXAMPLES OF OLIGOPOLY IN A SENTENCE Recent Examples on the Web The prescription hearing-aid industry, led by an oligopoly known as the Big Five that controls more than 90 percent of the market for hearing aids, failed to stop the bill. — Timothy Noah, The New Republic, 30 June 2022 Unlike the evil oligarchy of ancient Athens, the A.I. oligopoly set out to do good. — Wendell Wallach, Fortune, 16 June 2022 Both Biden and Congress seek to blame an anti-competitive oligopoly of foreign shipping lines for colluding to artificially raise prices on American consumers. — Nicolás Rivero, Quartz, 17 June 2022 But against that, consider that Micron is part of an oligopoly in memory chips. — John Dorfman, Forbes, 16 May 2022 Each warned that the cloud oligopoly carries risks for customers if the sector becomes lethargic, but none called for a government crackdown. — Jacob Carpenter, Fortune, 8 Mar. 2022 No other market in the world is left to function with so little oversight and with such asymmetrical terms in favor of an oligopoly. — Maritza Johnson, Fortune, 28 Feb. 2022 The disk drive market is an oligopoly with three players. — John Dorfman, Forbes, 31 Jan. 2022 Attacking the meat oligopoly has its economic and political virtues. — Jan Dutkiewicz, The New Republic, 6 Jan. 2022 See More These example sentences are selected automatically from various online news sources to reflect current usage of the word 'oligopoly.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback. FIRST KNOWN USE OF OLIGOPOLY 1895, in the meaning defined above HISTORY AND ETYMOLOGY FOR OLIGOPOLY olig- + -poly (as in monopoly) LEARN MORE ABOUT OLIGOPOLY Share oligopoly Post the Definition of oligopoly to Facebook Facebook Share the Definition of oligopoly on Twitter Twitter Time Traveler for oligopoly Time Traveler THE FIRST KNOWN USE OF OLIGOPOLY WAS IN 1895 See more words from the same year DICTIONARY ENTRIES NEAR OLIGOPOLY oligopod oligopoly oligopsonist See More Nearby Entries STATISTICS FOR OLIGOPOLY Last Updated 22 Jul 2022 Look-up Popularity Top 10% of words Cite this Entry “Oligopoly.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/oligopoly. Accessed 26 Aug. 2022. Style: MLA MLA Chicago APA Merriam-Webster Seen & Heard People are talking about Skip Ads by More Definitions for oligopoly oligopoly noun ol· i· gop· o· ly | \ ˌä-li-ˈgä-pə-lē, ˌō- How to pronounce oligopoly (audio) \ plural oligopolies LEGAL DEFINITION OF OLIGOPOLY : a condition in which a few sellers dominate a particular market to the detriment of competition by others More from Merriam-Webster on oligopoly Nglish: Translation of oligopoly for Spanish Speakers Britannica.com: Encyclopedia article about oligopoly WORD OF THE DAY VOCIFEROUS Listen to the pronunciation of vociferous See Definitions and Examples » Get Word of the Day daily email! TEST YOUR VOCABULARY Commonly Confused Words Quiz * * I went to the ______ store to buy a birthday card. * stationery stationary Test your vocabulary with our 10-question quiz! TAKE THE QUIZ A daily challenge for crossword fanatics. TAKE THE QUIZ Love words? Need even more definitions? 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